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Fed Cuts Rates for the First Time in Four Years
Fed chair Jerome Powell says US interest rate cut has nothing to do with election – business live
Powell rejects accusations that timing of rate cut is political and adds US labor market is ‘at a strong place’
Will the Federal Reserve cut interest rates again this year?
By the end of 2024, interest rates will fall nearly another half of a percentage point from their current level of between 4.75% and 5%, according to FOMC projections. Interest rates will drop another percentage point over the course of 2025, the projections further indicated.
Fed Meeting Today: Central Bank Cuts Interest Rates in Half-Point Move
Follow live coverage of the Federal Reserve's September policy meeting, including the interest-rate decision, summary of economic projections, and Chairman Jerome Powell's news conference today.
23h
on MSN
Bank of England expected to leave UK interest rates on hold today after jumbo Fed rate cut – business live
Rolling coverage of the latest economic and financial news, as money markets indicate just a 20% chance of a UK interest rate ...
1d
US Fed Meeting Live Updates: Wall Street flat ahead of Powell-led FOMC verdict, US dollar lower, gold rises
Jerome Powell-led rate-setting panel is widely expected to reduce the policy rate for the first time in four years after ...
1d
Transcript: Fed Chief Jerome Powell’s Postmeeting Press Conference
Federal Reserve Chair Jerome Powell discussed the central bank’s decision to cut interest rates by a half percentage point, ...
18h
on MSN
Market calm yields to stock surge as traders cheer Fed rate cut
By Saqib Iqbal Ahmed, Suzanne McGee and Carolina Mandl NEW YORK (Reuters) -An initial muted market reaction following the Federal Reserve’s first rate cut in four years gave way to a surge in U.S.
1d
US Fed Meeting Live Updates: Powell-led FOMC slashes benchmark rate by 50 bps to 4.75-5% for first time in four years
Jerome Powell-led rate-setting panel reduced the policy rate by 50 bps for the first time in four years after leaving the ...
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