Fed cuts rates by half a point and signals era of easing has begun
Description
US central bank’s decision marks milestone in two-year fight against inflation
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Fed cuts rates by quarter-point but signals slower pace of easing
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US central bank officials see just half a percentage point worth of reductions in 2025
Fed cuts US growth forecast and boosts inflation outlook
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Bank’s latest projections show officials expect GDP to expand by 1.7 per cent this year
Fed holds interest rates at 22-year high
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Central bank keeps door open to another rate hike after US economy expanded at ‘strong pace’
Fed holds US interest rates steady but signals it is closer to cutting
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Central bank’s next meeting in September will be the last before November’s presidential election
Fed lays out rate cut plans
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Officials from the US Federal Reserve signal one rate cut in 2024
Fed lends credence to Biden’s promise of a soft landing for US economy
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Lower borrowing costs set to bring relief to voters in an election year after a long period of high inflation
Fed not ready to start talking about rate cuts
Description
Policymakers are wary of calling time on tightening campaign prematurely even as data suggests work may be nearly done