Key takeaways from the Fed’s decision to hold rates steady
WEBJan 30, 2024 · Washington, DC CNN — The Federal Reserve held interest rates steady Wednesday for the fourth-straight meeting, keeping its benchmark lending rate at a 23-year high, as Wall Street eagerly awaits...
Federal Reserve issues FOMC statement
WEBJul 31, 2024 · The Federal Reserve Board issues a statement after its July 2024 meeting, where it decides to maintain the federal funds rate and reduce its holdings of securities. The statement also outlines the Committee's goals, outlook, and risks for …
Federal Reserve issues FOMC statement
WEBSep 22, 2021 · The Committee would be prepared to adjust the stance of monetary policy as appropriate if risks emerge that could impede the attainment of the Committee's goals. The Committee's assessments will take into account a wide range of information, including readings on public health, labor market conditions, inflation pressures and inflation ...
Live updates: First Fed rate cut since Covid | CNN Business
WEB1 day ago · Aaron M. Sprecher/AP. It’s a pivotal week for the US economy, with the Federal Reserve expected to cut interest rates for the first time since 2020. The move would mark a major milestone both ...
Markets rise after Federal Reserve hits pause again on rate hikes - CNN
WEBNov 1, 2023 · The Federal Open Market Committee, the Fed committee that sets monetary policy, has reached unanimous policy decisions nearly every meeting this entire rate-hiking...
Federal Reserve News What Happened Today at the Fed Meeting
WEBMay 3, 2023 · “In determining the extent to which additional policy firming may be appropriate to return inflation to 2 percent over time, the committee will take into account the cumulative tightening of...
Fed cuts rates by a half point at September 2024 meeting
WEB1 day ago · Federal Reserve cuts rates by 50 basis points. WASHINGTON – The Federal Reserve on Wednesday enacted its first interest rate cut since the early days of the Covid pandemic, slicing half a ...
U.S. Federal Reserve cuts interest rates by half a percentage point
WEB1 day ago · The Fed "would be prepared to adjust the stance of monetary policy as appropriate if risks emerge that could impede the attainment of the Committee's goals," with attention to "both sides of its ...
Fed leaves rates unchanged, flags 'lack of further progress' on ...
WEBMay 2, 2024 · WASHINGTON, May 1 (Reuters) - The U.S. Federal Reserve held interest rates steady on Wednesday and signaled it is still leaning towards eventual reductions in borrowing costs, but put a red flag on...
Federal Reserve lowers interest rates by 0.50 percentage ... - CBS News
WEB1 day ago · The Fed said the cut lowers the federal funds rate into a range of 4.75% to 5%, down from its prior range of 5.25% to 5.5%, which had been its highest level in 23 years. The half-point move ...