CPI report updates: Inflation rises slightly | AP News
1 day ago · At a news conference last week, Fed Chair Jerome Powell expressed confidence that inflation is still heading down to the central bank’s 2% target, though perhaps slowly and unevenly. ... Chris Rugaber covers the economy and the Federal Reserve twitter mailto The Associated Press is an independent global news organization dedicated to factual ...
Inflation Ticks Up Slightly - The New York Times
16 hours ago · The Consumer Price Index rose 2.6 percent in the year through October, a sign that inflation remains stubborn. The report serves as a reminder that the Federal Reserve still has work to do.
Fed cuts key interest rate a quarter-point but signals ... - NBC News
6 days ago · The Federal Reserve announced Thursday it was lowering its key interest rate by a quarter-point — a widely expected move that coincides with inflation approaching the central bank's 2% goal.
Fed Cuts Rates Again - The New York Times
6 days ago · The Fed’s move comes just days after America elected Donald J. Trump as its next president, and at a moment when the U.S. economy stands on the brink of change. Fed officials lowered interest ...
Fed cuts key interest rate by quarter point in second rate decrease
6 days ago · What is the Fed interest rate now. Thursday’s widely expected decision leaves the Fed’s benchmark short-term rate at a range of 4.5% to 4.75%, down from a 23-year high of 5.25% to 5.5% just a ...
Live updates: First Fed rate cut since Covid | CNN Business
Sep 18, 2024 · In a significant shift for the US economy, the Federal Reserve announced a jumbo-sized rate cut Wednesday, its first rate reduction cut since Covid. It’s a major economic milestone both for...
Key takeaways from the Fed’s decision to deliver a jumbo-sized …
Sep 18, 2024 · The Federal Reserve slashed interest rates aggressively Wednesday, announcing the first rate cut since March 2020. The half-point move paves the way for lower borrowing costs on everything from...
‘The time has come’: The Fed just sent a crucial message ... - CNN
Aug 23, 2024 · The Fed has indeed seen some substantial progress in taming inflation, but a soft landing still isn’t guaranteed. The economy could hold up, or it could take a turn for the worse.
Fed goes big with interest rate cut in a bid to head off an economic ...
Sep 18, 2024 · The Federal Reserve said Wednesday it was lowering its key interest rate by half a percentage point, an unusually aggressive move designed to cushion the economy from a further slowdown.
Fed Announces Big Rate Cut - The New York Times
Sep 18, 2024 · Tom Brenner/Reuters. The Federal Reserve cut interest rates on Wednesday by half a percentage point. Here are some takeaways from the decision and from remarks by the Fed chair, Jerome H....