Economy News Fed Holds The Line On Interest Rates, Sees A Stronger Economy But Still Three Rate Cuts Coming In 2024

Fed Holds Interest Rates Steady for Fourth Consecutive Time

The Federal Reserve has maintained its benchmark interest rate at the 4.25% to 4.5% range, marking the fourth consecutive pause in rate adjustments this year, according to QI Research CEO and chief ... Read More

Future Fed Rate Cuts ‘Far’ From Certain After Divided Meeting

The Federal Reserve cut interest rates for the second time this year, although Chair Jerome Powell said a third cut is “not a foregone conclusion.” WSJ’s Nick Timiraos explains the central bank’s ... Read More

Fed reduces interest rate by a quarter point, Powell says December cut not guaranteed

The Federal Reserve on Oct. 29 announced a quarter percentage point rate cut, marking its second consecutive rate reduction. The move brings the Fed’s benchmark interest rate down to a range of 3.75% ... Read More

Fed cuts interest rates for second time this year amid labor market weakness

The Federal Reserve on Wednesday announced its second interest rate cut of this year as policymakers moved to support the labor market despite inflation remaining above the central bank's target. Fed ... Read More

Fed cuts interest rate by a quarter point as government shutdown clouds economic outlook

The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring, even as inflation stays elevated. “Job gains have slowed this ... Read More

What happens to mortgage rates now that the Fed cut rates? Here's what's happened previously.

After weeks of anticipation, the Federal Reserve trimmed its benchmark interest rate today, dropping the benchmark rate by another 25 basis points, marking its second rate cut of 2025. The move, which ... Read More

Fed Cuts Rates; Powell Says Future Cuts ‘Far From’ Certain

The Fed lowered rates by 25 basis points to 3.75%-4.00% at its October meeting. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take ... Read More

Takeaways: Fed Chair Powell says don’t count on a December rate cut

The Federal Reserve on Wednesday lowered interest rates for the second time this year in a continued bid to prevent unemployment from surging. But another rate cut at the next meeting in December “is ... Read More

The Fed cuts interest rates again as concerns grow about the job market

The Federal Reserve cut its benchmark interest rate by a quarter percentage point Wednesday, as policymakers work to shore up the softening job market. It was the Fed's second rate cut in six weeks, ... Read More