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The Federal Reserve Cuts Interest Rates By a Quarter Percentage Point

by Evelyn Reynolds 18 December 2024, 20:37 54 Views

new video loaded: The Federal Reserve Cuts Interest Rates By a Quarter Percentage Point

By McKinnon de Kuyper•December 18, 2024

Jerome H. Powell, the Federal Reserve chair, announced the central bank’s final interest rate cut for the year and suggested only two more reductions in 2025.

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Source: Economy - nytimes.com

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The Federal Reserve Cuts Interest Rates By a Quarter Percentage Point

Jerome H. Powell, the Federal Reserve chair, announced the central bank’s final interest rate cut for the year and suggested only two more reductions in 2025.

Fed cuts by a quarter point, indicates fewer reductions ahead

Fed cuts rates but ‘hawkish’ forecast hits stocks and sends dollar jumping

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