Dec 18, 2024 · stocks slumped, the dollar soared and the cost of borrowing money rose on wednesday, as the fed dialed down expectations for interest rate cuts next year given the continued strength of the. It’s a major economic. Dec 18, 2024 · federal reserve chair jerome powell and his colleagues lowered their benchmark interest rate wednesday by a quarter percentage point. That will make it cheaper. The decision fell in.
They also forecast two fewer rate reductions in 2025 than they had previously. Sep 18, 2024 · in the face of slowing inflation and strong consumer spending, the federal reserve announced that it will keep the interest rate steady, holding the benchmark borrowing. Dec 16, 2024 · what was the fed rate decision today?
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