Fed meeting today: Interest rates cut by quarter-point as Powell wrestles with Trump's election win, inflation questions
Asked if he would leave the Federal Reserve at President-elect Trump's request, Chairman Powell has a simple and emphatic answer: "No." "Do you think that legally you are not required to leave," the same reporter asked Powell at a press conference Thursday.
CBS News on MSN2d
The Federal Reserve made a rate cut decision today. Here's the impact on your money."For now, however, the effect of these cuts won't be very noticeable." At a Thursday press conference to discuss the ...
The Federal Reserve trimmed interest rates by a quarter point, bringing the target rate range to 4.5% to 4.75%. Fed Chair ...
The Federal Reserve cut interest rates by a quarter point, the second reduction this year. A combination of strong data and ...
The Federal Reserve cut interest rates by 0.25% on November 7. More interest rate cuts are likely through the end of 2026.
The Associated Press on MSN2d
Federal Reserve cuts its key interest rate by a quarter-point amid postelection uncertaintyThe Federal Reserve cut its key interest rate by a quarter-point in response to a steady decline in once-high inflation that ...
The Federal Reserve is reducing rates in response to cooling inflation. Donald Trump’s presidential victory has pumped up ...
Today's widely anticipated Fed rate announcement will have a notable impact on savers. Here's what to expect for savings and ...
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