Fed cuts rates by a quarter point, indicates fewer reductions ahead

The Fed expects to cut rates more slowly in 2025. What that could mean for mortgages, debt and more

The Federal Reserve's latest interest rate cut will likely have consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses.

Fed drops its key rate but projects fewer cuts in 2025 • Michigan Advance

Federal Reserve Chairman Jerome Powell speaks during a news conference on Wednesday, Dec. 18, in Washington, D.C. Powell announced that the Federal Reserve is lowering interest rates by one-quarter of 1 percentage point to a range of 4.25% to 4.5%. (Photo by Alex Wong/Getty Images)The Federal Reserve signaled that it will move more slowly and cautiously next year as it considers further rate cuts. The Fed cut its benchmark rate one-quarter of 1 …

Federal Reserve Cuts Its Key Rate but Envisions Fewer Reductions Next Year

WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next year than it previously envisioned, mostly because of still-elevated inflation. The Fed’s 19 policymakers projected that they will cut their benchmark rate by a quarter-point just twice in 2025, down from their estimate in September of four rate cuts. Their new…

The American Federal Reserve has lowered interest rates. So far, so expected. Nevertheless, the financial markets reacted with panic. The accompanying statements from the monetary authorities were crucial. They scare many investors.

Fed drops its key rate but projects fewer cuts in 2025 • SC Daily Gazette

Federal Reserve Chairman Jerome Powell speaks during a news conference on Wednesday, Dec. 18, in Washington, D.C. Powell announced that the Federal Reserve is lowering interest rates by one-quarter of 1 percentage point to a range of 4.25% to 4.5%. (Photo by Alex Wong/Getty Images)The Federal Reserve signaled that it will move more slowly and cautiously next year as it considers further rate cuts. The Fed cut its benchmark rate one-quarter of 1 …

U.S. Federal Reserve Cuts Interest Rates Despite Rising Inflation - teleSUR English

It’s still uncertain how Donald Trump’s additional tariffs would impact inflation, Powell said. On Wednesday, the U.S. Federal Reserve cut interest rates a quarter point in a widely-anticipated move. However, the central bank indicated there would be fewer cuts next year, as it braces for uncertainty stemming from the incoming Donald Trump administration’s policies. RELATED: U.S. FED Cuts Rates by 50 Basis Points Amid Weakening Job Market Th…