Federal Reserve made a 3rd consecutive rate cut today. Here's how it will impact your money.
The Federal Reserve today made its final interest rate decision of 2024, capping a year during which the central bank provided some financial relief to inflation-weary borrowers in September by ushering in its first rate reduction in four years.
Federal reserve issues final rate cut of 2024, what's next?
The U.S. Federal Reserve has issued their final rate cut of 2024, saying that what happens next year will depend on the actions and policies of the incoming Trump administration. Some at the reserve has signaled that the rate cuts will slow down as business leaders say inflation is not coming down enough.
Federal Reserve cuts interest rates by quarter point in December
The Federal Reserve's policymakers announced that they will cut the benchmark federal funds rate by a quarter point in December, marking the central bank's third straight cut.
Federal Reserve cuts its key rate by a quarter-point but envisions fewer reductions next year
The Federal Reserve cut its key interest rate by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next year.
Federal Reserve is likely to slow its rate cuts with inflation pressures still elevated
Americans hoping for lower borrowing costs for homes, credit cards and cars may be disappointed after this week’s Federal Reserve meeting.
What the Fed’s slower 2025 rate cuts would mean for mortgage rates, savings, auto loans
The Federal Reserve’s third interest rate cut of the year will likely have consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses. But with inflation pressures still elevated and with concern that President-elect Donald Trump’s policies could fuel inflation,
The Fed expects to cut rates more slowly in 2025. What that could mean for mortgages, debt and more
The Federal Reserve's third interest rate cut of the year will likely have consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers
The Federal Reserve Admits They Think Inflation Is About To Go Up
The December 2024 economic projections from the central bank show significant changes from the September figures. They ...
Federal Reserve's preferred inflation gauge shows price pressures eased last month
An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures ...
What 2025 holds for interest rates, inflation and the American consumer
However, elevated debt balances, given increased consumer spending, suggest some Americans are under financial stress even ...
Oops! Consumers finally realize that Trump could worsen inflation.
Consumers now expect prices to rise under Trump — and are stocking up for what could be an expensive four years.
Will Inflation Come Down in 2025? Experts Weigh In
Loge said that going into 2025, the U.S. would have a relatively strong economy, with inflation at close to 2 percent, and that "the prudent policy would be to stay the course." ...
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