interest rate News Updates

GovernmentBusiness

Federal Reserve Cuts Rate .25%

Federal Reserve policymakers lowered their main interest rate for a second time this year while splitting over the need for further easing, caught between uncertainty over trade and global growth and a domestic economy thats holding up well.

September 18, 2019
GovernmentBusiness

Federal Reserve Cuts Interest Rates for First Time Since 2008

The Federal Reserve reduced interest rates for the first time since the financial crisis in a move that Chairman Jerome Powell said was designed to ensure against downside risks rather than signaling the start of a lengthy cycle of monetary policy easing.

July 31, 2019
GovernmentBusiness

Traders Place Bets on Rate Cut From Fed

Bond traders have a decent record when it comes to nailing the Federal Reserves path relative to official guidance. So while Chairman Jerome Powell says the policy rate is in a good place, history suggests his next move could align with what futures are showing a rate cut.

March 21, 2019
GovernmentBusiness

Fed Raises Rates, Trims Forecast for Hikes in 2019 From Three to Two

The Federal Reserve raised borrowing costs for the fourth time this year Dec. 19, ignoring a stock market sell-off and defying pressure from President Donald Trump, while dialing back projections for interest rates and economic growth in 2019.

December 19, 2018
Government

Fed Raises Rates for Third Time This Year With One More Expected

WASHINGTON The Federal Reserve signaled its confidence in the U.S. economy Sept. 26 by raising a key interest rate for a third time this year, forecasting another rate hike before years end.

September 27, 2018
GovernmentBusiness

Fed Leaves Interest Rates Unchanged

Federal Reserve officials left interest rates unchanged, acknowledging inflation is close to target without indicating any intention to veer from their gradual path of interest-rate increases.

May 2, 2018