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.
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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.The New York Times - 16m -
Fed cuts by a quarter point, indicates fewer reductions ahead
The Federal Reserve on Wednesday announced its decision on interest rates.CNBC - 44m -
Wall Street falls sharply as Fed indicates fewer rate cuts in 2025 to fight inflation
Central bank lowered 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 that it would ...The Guardian - 49m -
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 - 1h -
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 - 1h -
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 - 2h -
Fed cuts interest rate for third consecutive time
The Federal Reserve has announced a quarter-point cut to its key interest rate for a third consecutive time in 2024. NBC News' Brian Cheung has details on the decision and what it could indicate ...NBC News - 3h -
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 - 26m -
Fed cuts interest rates, delivering relief for borrowers
The rate decision follows two consecutive months of rising inflation.ABC News - 2h
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