Stocks Plunge as Fed Forecasts Fewer Rate Cuts Next Year

The Federal Reserve cut rates for a third time this year, but investors shuddered at revised forecasts suggesting only two cuts in 2025.

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Fed cuts rates but ‘hawkish’ forecast hits stocks and sends dollar jumping

US currency hits highest level in two years after central bank signals only half a percentage point of reductions in 2025
Financial Times - 11m
Stock market plummets after Fed forecasts fewer rate cuts in 2025

The stock market is down sharply today after the Federal Reserve forecast fewer interest rate cuts in 2025 than expected.
CBS News - 1h
Fed Cuts Interest Rates, but Projects Fewer Reductions in 2025

Federal Reserve officials projected just two rate cuts in 2025, and they made it clear that future reductions would hinge on inflation progress.
The New York Times - 1h
Wall Street falls sharply as Fed indicates fewer rate cuts in 2025 to fight inflation

Central bank lowers benchmark federal funds rate by a quarter of a percentage point to between 4.25% to 4.5%. The US Federal Reserve cut interest rates on Wednesday, but suggested it would make ...
The Guardian - 2h
Dow loses 1100 points after Fed projects fewer rate cuts

The stock market closed with steep losses Wednesday after the Federal Reserve cut interest rates but projected higher borrowing costs and steeper inflation for 2025. The Dow Jones Industrial ...
The Hill - 2h
Long-dated Treasury yields end at nearly 7-month highs after Fed projects fewer rate cuts in 2025

Yields on 10- and 30-year U.S. government debt finished at their highest levels since May on Wednesday, after the Federal Reserve pulled back on the number of interest-rate cuts it foresees for ...
MarketWatch - 2h
The Fed sees only two rate cuts in 2025, fewer than previously projected

The so-called dot-plot, which indicates individual members' expectations for rates, showed officials see interest rates falling to 3.9% by the end of 2025.
CNBC - 4h
Fed lowers rates by 0.25 percentage point, but expects fewer cuts

The Federal Reserve on Wednesday moved to lower its benchmark rate by 0.25 percentage points, but said it plans fewer cuts in 2025.
CBS News - 1h
Economic Data Points to Fed Rate Cut Next Week, and a Cautious 2025

Persistent inflation probably won’t stop a December rate cut, but it could affect the course of monetary policy for the next two years.
Inc. - 5d