Fed expected to make another cut in final interest rate decision of 2024

The Federal Reserve on Wednesday will make its final interest rate decision of 2024 with a 0.25 percentage point cut expected. CBS News MoneyWatch correspondent Kelly O'Grady has more.

Topics

The Fed is making its final rate decision of the year.

Federal Reserve officials are widely expected to cut interest rates, but investors will focus on hints about what comes next.
The New York Times - 36m
The Fed has a big interest rate decision coming Wednesday. Here's what to expect

Traders are pricing in a near certainty that the Fed on Wednesday will lower its key rate by a quarter percentage point.
CNBC - 1h
Here's what to know as the Federal Reserve is expected to make another rate cut

CBS News business analyst Jill Schlesinger speaks with "CBS Mornings" about what to expect and the impact of the Federal Reserve's final interest rate decision of 2024, which happens Wednesday.
CBS News - 3h
Suspect in Russian general's killing and Fed expected to cut interest rate: Morning Rundown

The Federal Reserve is expected cut the key interest rate by a quarter-point.
NBC News - 5h
Here's what to expect from the Fed's interest rate decision this week

The Federal Reserve will announce a rate decision on Wednesday, Dec. 18. Economists are now expecting fewer cuts in 2025.
CBS News - 1d
Muted wholesale inflation rate likely gives final go-ahead for Fed to cut interest rates

A key measure of U.S. wholesale inflation posted a small increase in November and probably added the final nail in the coffin in favor of a widely expected reduction in interest rates next week.
MarketWatch - 6d
Inflation ticks higher as Fed eyes another rate cut

Inflation picked up slightly in November, according to data released Wednesday by the Labor Department, but likely not by enough to derail the Federal Reserve's plans for another rate cut. Consumer ...
The Hill - Dec. 11
Why Powell and the Fed should pause interest-rate cuts in December

Some say November’s jobs data support holding monetary policy steady.
MarketWatch - Dec. 7
Jobs report shows hiring surge as Fed weighs interest rate cut

The fresh data marks the first jobs report since the election of Trump.
ABC News - Dec. 6

Fed expected to make another cut in final interest rate decision of 2024

Topics

Related

The Fed is making its final rate decision of the year.

The Fed has a big interest rate decision coming Wednesday. Here's what to expect

Here's what to know as the Federal Reserve is expected to make another rate cut

Suspect in Russian general's killing and Fed expected to cut interest rate: Morning Rundown

Here's what to expect from the Fed's interest rate decision this week

Muted wholesale inflation rate likely gives final go-ahead for Fed to cut interest rates

Inflation ticks higher as Fed eyes another rate cut

Why Powell and the Fed should pause interest-rate cuts in December

Jobs report shows hiring surge as Fed weighs interest rate cut

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