Federal Reserve lowers interest rates by 0.25 percentage points in second cut of 2024
The Federal Reserve announced its second interest rate cut of 2024, but Trump's economic priorities could impact future policy.
Fed Cuts Interest Rates Again—But Uncertainty Swirls As Trump Policies Could Fuel Inflation
The Fed lowered rates by 25 basis points to a 20-month low, but economists say tariffs may throw a wrench in the rate cutting cycle.
Stock market today: Tech lags as inflation print keeps Fed rate cut on track
The wait is on for fresh consumer inflation data as investors weigh whether a Donald Trump White House would whip up price pressures.
Why The Federal Reserve is Likely to Cut Interest Rates This Week
The Fed is widely expected to cut its key interest rate by a quarter percentage point on Thursday, at the conclusion of the two-day meeting of the Federal Open Market Committee.
Fed Meeting Live Updates: Powell discusses latest rate cut, inflation and Trump
Since its inception in 1976, Bankrate has been the top source for information on interest rates and the Federal Reserve. With the Fed expected to cut its key borrowing benchmark for the second consecutive meeting, follow along to see what our expert staff of reporters, writers, editors and financial analysts are watching.
Most of Wall Street rises after the Fed cuts interest rates
JPMorgan Chase fell 4.3%, a day after banks decisively led the market on expectations that a stronger economy and lighter regulation would mean fatter profits. It and Goldman Sachs were the biggest reasons for the Dow’s slight loss.
Inflation Stays Firm, but Not Enough to Derail December Fed Cut
The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup in the pace of inflation from September, when prices were up 2.4% on the year.
Fed will likely cut rates cautiously given persistent inflation pressures, chairman says
The head of the Federal Reserve said Nov. 14 that the central bank will likely cut its key interest rate slowly and deliberately in the coming months, in
Are the Fed's Rate Cuts Over Now That Inflation Is Rising Again?
Inflation wreaked havoc on Americans' finances for much of 2022 and 2023. But thankfully, things have been better this year, with annual inflation rising at a much slower pace. Unlock a bonus worth $250 and pause interest into 2026 – this credit card is the perfect combo!
Inflation rises slightly as economy reacts to interest rate cuts
New data shows inflation rose slightly as the Federal Reserve navigates interest rate cuts following signs of cooling prices and a weaker labor market. CBS News contributor JD Durkin has more.
Fed set to announce latest interest rate move in wake of Trump's election win
The Federal Reserve will announce its next interest rate move on Thursday in the wake of the U.S. election, with markets ...
Fed cuts rates again, but Trump's tariff plan sparks inflation fears and market uncertainty
The chances of a 25-point December rate cut went from 83% at the start of the month down to as much as 63% yesterday ...
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Fed unveils November rate decision
In the immediate aftermath of a hotly contested presidential race between Donald Trump and Kamala Harris, which ended with ...
The Week Ahead: U.S. election; Fed rate announcement
Earnings: Restaurant Brands Intl, Boyd Group, Transalta, Thomson Reuters, Fortis, Pet Valu, Colliers Intl, iA Financial, ...
Americans are probably getting another interest rate cut 2 days after the election
The announcement will come just days after Donald Trump won the presidential election and secured a second term in the ...
Jerome Powell says the 'real issue' behind the US housing crisis is 'not something the Fed can really fix' — here's why and what Americans can do
Housing affordability has become a significant challenge in America, with high home prices and elevated interest rates making ...