Federal News Network - Helping feds meet their mission.
WEBFind the latest news and insights on federal pay, benefits, retirement, technology, cybersecurity, defense and more. Learn from experts, commentators and reporters on topics that matter to federal workers and contractors.
Live Updates: Fed Expected to Cut Rates, but by How Much?
WEB4 hours ago · Jerome H. Powell, the Fed chair, will hold a news conference after the central bank’s 2 p.m. announcement, which will offer another window into future policy. Officials will also release a fresh ...
WATCH LIVE: Federal Reserve Chair Powell holds news …
WEB5 hours ago · Over time, Fed rate cuts should lower borrowing costs for mortgages, auto loans and credit cards, as well as for business loans. Business spending could grow, and so could stock prices.
The Fed is set to cut interest rates for the first time in 4 years
WEB9 hours ago · Updated 3:35 AM PDT, September 18, 2024. WASHINGTON (AP) — Having all but tamed inflation, the Federal Reserve is poised to do something Wednesday it hasn’t done in more than four years: Cut its benchmark interest rate, a step that should lead to lower borrowing costs for consumers and businesses just weeks before the presidential …
Fed Rate Cut Live: Powell expected to kick off new easing cycle
WEB6 hours ago · The Fed raised borrowing costs rapidly in 2022 and 2023 and has held the policy rate in the 5.25%-5.50% range for more than a year to get rising prices under control. But with inflation now within ...
Fed Meeting Today: Interest-Rate Cut Expected
WEB1 day ago · The Federal Reserve is poised to start cutting rates. Last Updated: Sep. 18, 2024 at 3:35 AM EDT. Stock futures ticked up in early trading Wednesday, as investors awaited the Federal Reserve's ...
Live Updates: Fed Keeps Rates Steady, Hints at Future Cuts
WEBMar 20, 2024 · Federal Reserve officials left interest rates unchanged on Wednesday and continued to forecast that borrowing costs will come down somewhat by the end of the year as inflation eases.
Fed Keeps Rates Steady and Forecasts Only One Cut This Year
WEBJun 12, 2024 · The Federal Reserve left interest rates unchanged on Wednesday and signaled one cut in 2024, with more to come in 2025. Earlier, inflation data for May came in cooler than expected.
Fed to cut rates by a quarter point with a soft landing expected ...
WEB1 day ago · CNBC Fed Survey. Overall, the probability of a soft landing stands at 53%, about where it’s been since March, while the chance of a recession has ticked up to 36%, 5 points above its recent low ...
Live: Fed Rate Decision, Powell News Conference
WEBJun 12, 2024 · Follow the latest updates on the Federal Reserve's policy decision and Chair Powell's press conference. The Fed held rates steady at 5.25%-5.5%, dialed back rate cuts, and said inflation was...