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

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…

Comments after Fed's rate cut indicate fewer rate decreases next year

The Hightower Report said "Yesterday’s Fed rate cut was initially seen as a positive, however, The Fed’s comments after the cut indicated fewer rate decreases next year and that disappointed the trade and send the U.S. dollar sharply higher to…

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 …

(December 19, 2024. El Veneziano).- The Federal Reserve (Fed) announced a drop in interest rates in the United States from a quarter of a point, which constitutes its third and final decline in the year and the third consecutive since September. The rate of reference for rates thus stands at a range of 4,25 % to 4,5 %, the US central bank reported, a point less than before starting the cuts. The Fed explained that in order to consider additional…