Tag: rate
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Slower pace ahead for rate cuts
Federal Reserve officials at their December meeting expressed concern about inflation and the impact that President-elect Donald Trump's policies could have, indicating that...
The Fed’s dot plot shows only two rate cuts in 2025, fewer than previously projected
U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following a two-day meeting of the Federal Open Market Committee on interest...
How the Federal Reserve’s rate policy affects mortgages
The Federal Reserve lowered its interest rate target three times in 2024.This has many Americans waiting for mortgage rates to fall. But that...
Fed cuts rate by a quarter point
WASHINGTON – The Federal Reserve on Wednesday lowered its key interest rate by a quarter percentage point, the third consecutive reduction and one...
Fed officials see interest rate cuts ahead, but only ‘gradually,’ meeting minutes show
Federal Reserve officials expressed confidence that inflation is easing and the labor market is strong, allowing for further interest rate cuts albeit at...
