Business

Fed cuts key rate again

Fed reduces interest rate by a quarter point, Powell says December cut not guaranteed
Interest rates should continue their downward journey, as forecasters expect another rate cut from the Fed on Oct. 29. Are more cuts coming?
Fed Cuts Interest Rates for Second Time This Year
Fed Chair Jerome Powell announced that the Federal Reserve would cut interest rates by another quarter point on Wednesday, the second cut this year. Interest rates set by the Fed are now below 4 percent for the first time since late 2022.
Federal Reserve cuts interest rates for second time
FOX Business correspondent Edward Lawrence reports on the Federal Reserve's October meeting on 'Special Report.'
Future Fed Rate Cuts ‘Far’ From Certain After Divided Meeting
Chair Jerome Powell injected new doubt by highlighting a “growing chorus” of officials who are wary about further reductions.
Fed cuts US interest rates again despite 'flying blind'
T he US Federal Reserve pushed forward with an interest rate cut as inflation fears continue to take a backseat to concerns about a stalling labour market. It came despite the US government shutdown,
Federal Reserve Cuts Key Rate Yet Powell Says Future Reductions Are Not Locked In
The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring even as inflation stays elevated
Fed lowers key interest rate as hiring slows, inflation persists
The rate cut could gradually reduce costs for mortgages, credit cards, auto loans, and business borrowing, offering some relief.
Fed cuts interest rates for 2nd time this year amid hiring slowdown
The widely expected move delivers a lowering of interest rates sought by President Donald Trump, though the size of the cut falls short of the major drawdown called for repeatedly by the president. The Fed previously projected an additional quarter-point cut at its next meeting in December,

More news

No more news
Feedback