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

Fed Holds Fast on Interest Rate, Still Sees 3 Cuts in 2024

[Stay on top of transportation news: Get TTNews in your inbox.] WASHINGTON — Federal Reserve officials signaled March 20 that they still expect to cut their key interest rate three times in 2024 ... Read More

Will borrowers see lower rates? What the Fed's interest rate cut means for you

If the Fed holds interest rates steady as a means of protecting against inflation, it risks a deeper slowdown of the labor market. On the other hand, by lowering rates to stimulate hiring, the Fed ... Read More

Fed cuts interest rates for 3rd time this year in effort to boost hiring

The Federal Reserve cut its benchmark interest rate a quarter of a percentage point on Wednesday, opting for its third interest rate cut this year in an effort to revive a sluggish labor market. The ... Read More

Fed cuts interest rates again: What's next for mortgages, credit cards

The Federal Reserve cut short-term interest rates for a third time in 2025. What's next for borrowers and consumers? Read More

The Fed just cut interest rates for the third-straight time

The Fed said Wednesday afternoon it is trimming its benchmark lending rate by a quarter point, its third such reduction this year. Follow along as Chair Jerome Powell discusses the move. Read More

Fed governor says current economy is 'calling for large interest rate cuts' to help job market

Federal Reserve governor Stephen Miran said the U.S. economy is "calling for large interest rate cuts" and warned that current monetary policy is "holding the economy back" by keeping borrowing costs ... Read More

'Stale' September jobs data is mixed news for a divided Fed

US reports gain of 119,000 jobs in September, higher unemployment rate Cleveland Fed president sees job market slowing, not deteriorating Analysts expect Fed rate-cut decisions to be affected by ... Read More