WASHINGTON — The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high inflation that angered Americans and helped drive Donald Trump's presidential election victory this week.

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Fed reduces key interest rate by a quarter-point

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WASHINGTON (AP) — The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high inflation that had angered Americans and helped drive Donald Trump’s presidential election victory this week. The rate cut follows a larger half-point reduction in September, and it reflects the Fed’s renewed focus on supporting the job market as well as fighting inflation, which now barely exceeds the ce…

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Fed cuts key interest rate by a quarter-point: 'We're on a path to a more neutral stance'

The US Federal Reserve lowered its benchmark interest rate by a quarter-percentage point on Thursday, marking the second consecutive reduction following a jumbo 50-basis-point cut in September. After the two-day Federal Open Market Committee meeting, the central bank announced the decision to reduce the rate to the 4.50 to 4.75 percent range. It came after Republican flag-bearer Donald Trump won in Tuesday's presidential election over Vice Presi…

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US Fed cuts key lending rate by quarter-percentage point

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The Federal Reserve lowered its key interest rate by a quarter-point on Thursday, responding to a steady drop in the high inflation that had frustrated Americans and contributed to...

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Turkey

Fed slashes key interest rate by quarter-point

The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high inflation that angered Americans and helped drive Donald Trump’s presidential election victory this week.

NXST

Fed cuts key interest rate by a quarter-point: ‘We’re on a path to a more neutral stance’

The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high inflation that had angered Americans and helped drive Donald Trump's presidential election victory this week.

Fed reduces key interest rate by a quarter-point

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