The FOMC lowered the target Fed Funds rate by 50 basis points at its September meeting and signaled that this is the first cut in a series that is expected to bring the Fed Funds rate down by about 2 percentage points by the end of 2025.
Tag: Fed Funds Rate
Fed Cuts Interest Rates 50 Basis Points; MBA Economist Weighs In
The Federal Reserve cut interest rates by 50 basis points Sept. 18.
MBA Economist Mike Fratantoni on Jerome Powell’s Remarks Indicating Cuts
Federal Reserve Chair Jerome Powell spoke Aug. 23 at an economic symposium sponsored by the Federal Reserve Bank of Kansas City, in Jackson Hole, Wyo. His remarks implied the likelihood of near-term rate cuts.
Fed Holds Rates Steady Again
The Federal Reserve again held rates steady July 31, noting that there has been “some further progress toward the Committee’s 2% inflation objective” over the past few months.
Fed Holds Rates Steady
The Federal Reserve held rates steady Wednesday and now projects only one rate cut in 2024.
Fed Holds Rates Unchanged May 1
The Federal Reserve held rates steady at its meeting ended May 1, as data regarding the strength of the economy and stubbornly high inflation have resulted in a shift in the timing of any rate cuts.
Fed Holds Rates Steady; Signals Cut Later
The Federal Reserve’s Federal Open Market Committee held rates unchanged at its March meeting and continued to signal its next move will be a rate cut.
FOMC Holds Rates Steady
The Federal Open Market Committee held interest rates steady yesterday–as many forecasters had predicted.
Fed Keeps Rates Steady But Suggests Possible Increase Later This Year
The Federal Open Market Committee held rates steady on Wednesday but suggested a possible rate increase later this year.
Fed Keeps Rates Steady But Options Open
The Federal Open Market Committee held rates steady at its June meeting but kept its options open for July and later this year.