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      • The Fed said the cut lowers the federal funds rate into a range of 4.75% to 5%, down from its prior range of 5.25% to 5.5%, which had been its highest level in 23 years. The half-point move signals that the Fed is acting aggressively to keep the U.S. economy from stalling, given that historically most rate cuts are 0.25 percentage points.
      www.cbsnews.com/news/fed-rate-cut-decision-federal-reserve-interest-rates-september-meeting/

      Federal Reserve lowers interest rates by 0.50 percentage ...

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  3. www.cnn.com › 2024/09/18 › economyKey takeaways from the Fed’s decision to deliver a jumbo ...

    Sep 18, 2024 · In the face of slowing inflation and strong consumer spending, the Federal Reserve announced that it will keep the interest rate steady, holding the benchmark borrowing rate to a range of 5.25%...

  4. www.nytimes.com › 18 › businessFed Announces Big Rate Cut - The New York Times

    Sep 18, 2024 · 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. Powell. The Fed’s...

    • Jeanna Smialek
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  6. www.bloomberg.com › news › articlesKey Takeaways From Fed Decision to Cut Rate by Half Point

    Sep 18, 2024 · Here are key takeaways from the Federal Reserve's interest-rate decision on Wednesday: Federal Open Market Committee votes 11 to 1 to lower benchmark rate by 50 basis points...

    • 2 min

  7. www.ft.com › content › bff9e6d8/8906/4b3d-9ff3-72bFederal Reserve cuts rates by half a point and signals era of ...

    Sep 19, 2024 · The Federal Reserve cut its benchmark interest rate by half a percentage point on Wednesday and signalled more reductions would follow, launching its first easing cycle since the onset of the...

    • Arjun Neil Alim

  8. www.reuters.com › markets › rates-bondsFederal Reserve to cut rates by 25 basis points at next two ...

    4 days ago · The U.S. Federal Reserve will cut its key interest rate by 25 basis points on Nov. 7, according to all 111 economists in a Reuters poll, with more than a 90% majority predicting another quarter ...

  9. www.cbsnews.com › news › federal-reserve-rate-cut-5The Fed just made a jumbo rate cut. Here are 5 takeaways on ...

    Sep 19, 2024 · The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.

  10. edition.cnn.com › 2024/01/30 › economyKey takeaways from the Fed’s decision to hold rates steady

    Jan 30, 2024 · The Federal Reserve held interest rates steady Wednesday for the fourth-straight meeting, keeping its benchmark lending rate at a 23-year high, as Wall Street eagerly awaits rate cuts...

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