Fed Makes Quarter-Point Rate Cut Following Trump Victory: What …

Nov 8, 2024 · Fed cut interest rates by 0.25 percentage points to 4.5%-4.75% range; This is the second rate cut of 2024, following September’s larger cut; Trump’s election victory won’t have …

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Fed Makes Quarter-Point Rate Cut Following Trump Victory: What …

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Fed Cuts Key Interest Rate By Quarter Point In Second Rate Decrease

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Nov 7, 2024 · The lower-than-expected jobless rate and higher inflation could lead the Fed to cut its rate less sharply, leaving it at 3.5% to 3.75% by the end of 2025 instead of the 3.25% to …

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Fed's Powell Flags Careful, Patient Approach After Rate Cut

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Nov 7, 2024 · Trump's election victory clouds Fed's outlook ... who spoke in a press conference following the Fed's decision to reduce its benchmark overnight interest rate to the 4.50% …

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Trump's Election Victory Puts Fed On Path For Fewer Rate Cuts

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Nov 6, 2024 · U.S. central bankers are still widely expected to cut the Fed's benchmark interest rate by a quarter of a percentage point to the 4.50%-4.75% range when they wrap up their two …

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How Trump's Win Shifts The Fed Rate-Cut Outlook

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Nov 7, 2024 · However, odds of a further quarter-point cut on Dec. 18 have fallen to 69% from 77% just before Trump's election. The bigger change is in the outlook for rate cuts in 2025, …

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FAQs about Fed Makes Quarter-Point Rate Cut Following Trump Victory: What … Coupon?

Why did the Federal Reserve cut interest rates?

(AP Photo/Richard Drew) WASHINGTON (AP) — The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high inflation that had angered Americans and helped drive Donald Trump’s presidential election victory this week. ...

Why did the Fed cut a quarter-percentage-point rate?

Thursday’s quarter-percentage-point reduction in the Fed’s benchmark rate was expected. It comes on the heels of a half-point cut in September, when the central bank pivoted to loosen monetary policy after having held its key rate at a two-decade high of 5.33% for months to throttle back inflation. ...

Will the Federal Reserve cut interest rates in a second Trump administration?

The Federal Reserve lowered interest rates by a quarter percentage point Thursday, as expected — but the central bank may grow more cautious about future rate cuts as it monitors the impact of economic policies in a second Trump administration. ...

Will the Fed cut interest rates by a quarter?

He declined to elaborate. Mr. Powell made the comments at a news conference on Thursday following the central bank’s decision to cut interest rates by a quarter of a percentage point. Fed officials have signaled that more cuts are likely but gave little hint on Thursday about when or how much they will lower rates. ...

Will fed cut benchmark interest rate by a quarter?

U.S. central bankers are still widely expected to cut the Fed's benchmark interest rate by a quarter of a percentage point to the 4.50%-4.75% range when they wrap up their two-day policy meeting on Thursday. ...

Will the Fed follow through with a December quarter-point cut?

William English, a former senior Fed adviser, told CNN that he expects Fed policymakers to follow through with a December quarter-point cut because borrowing costs still have a tight grip on the economy. That decision, of course, still depends on what upcoming employment and inflation numbers show. ...