interest rate

Government, Business

Fed Seen Holding Rates at Zero for Five Years in New Policy

The Marriner S. Eccles Federal Reserve building in Washington. The Marriner S. Eccles Federal Reserve building in Washington. (Andrew Harrer/Bloomberg News)

The Federal Reserve looks likely to keep short-term interest rates near zero for five years or possibly more after it adopts a new strategy for carrying out monetary policy.

Rich Miller | Bloomberg News
August 26, 2020
Government, Business

Fed Cuts Rates by Quarter Point, Hints It May Be Done for Now

Federal Reserve building The Federal Reserve building in Washington by Andrew Harrer/Bloomberg News)

Federal Reserve officials reduced interest rates by a quarter-percentage point for the third time this year and hinted they may be done loosening monetary policy, at least for one meeting.

Christopher Condon | Bloomberg News
October 30, 2019
Government, Business

Federal Reserve Cuts Rate .25%

Jerome Powell U.S. Federal Reserve Chairman Jerome Powell (Andrew Harrer/Bloomberg News)

Federal Reserve policymakers lowered their main interest rate for a second time this year while splitting over the need for further easing, caught between uncertainty over trade and global growth and a domestic economy that’s holding up well.

Craig Torres | Bloomberg News
September 18, 2019
Government, Business

Federal Reserve Cuts Interest Rates for First Time Since 2008

The Marriner S. Eccles Federal Reserve building in Washington, D.C. The Marriner S. Eccles Federal Reserve building in Washington. (Andrew Harrer/Bloomberg News)

The Federal Reserve reduced interest rates for the first time since the financial crisis in a move that Chairman Jerome Powell said was designed to “ensure against downside risks” rather than signaling the start of a lengthy cycle of monetary policy easing.

July 31, 2019
Government, Business

Traders Place Bets on Rate Cut From Fed

Federal Reserve Andrew Harrer/Bloomberg News

Bond traders have a decent record when it comes to nailing the Federal Reserve’s path relative to official guidance. So while Chairman Jerome Powell says the policy rate is “in a good place,” history suggests his next move could align with what futures are showing — a rate cut.

Liz Capo McCormick | Bloomberg News
March 21, 2019
Government, Business

Fed Raises Rates, Trims Forecast for Hikes in 2019 From Three to Two

Jerome Powell Federal Reserve Chairman Jerome Powell. (Andrew Harrer/Bloomberg News)

The Federal Reserve raised borrowing costs for the fourth time this year Dec. 19, ignoring a stock market sell-off and defying pressure from President Donald Trump, while dialing back projections for interest rates and economic growth in 2019.

December 19, 2018
Government

Fed Raises Rates for Third Time This Year With One More Expected

Federal Reserve Board Chair Jerome Powell Federal Reserve Board Chair Jerome Powell testifies before the Senate Committee on Banking, Housing, and Urban Affairs in July. He held a press conference on Sept. 26 regarding rate hikes. (Jose Luis Magana/Associated Press)

WASHINGTON — The Federal Reserve signaled its confidence in the U.S. economy Sept. 26 by raising a key interest rate for a third time this year, forecasting another rate hike before year’s end.

Martin Crutsinger | Associated Press
September 27, 2018
Government, Business

Fed Leaves Interest Rates Unchanged

Federal Reserve building in Washington, D.C. Andrew Harrer/Bloomberg News

Federal Reserve officials left interest rates unchanged, acknowledging inflation is close to target without indicating any intention to veer from their gradual path of interest-rate increases.

Christopher Condon | Bloomberg News
May 2, 2018
Business

Fed Trims Economic Forecast; Holds Key Interest Rate at Record Low

Federal Reserve officials lowered their forecasts for growth and employment this year and into 2012, saying the U.S. economy “is continuing at a moderate pace, though somewhat more slowly” than previously projected.

June 22, 2011
Business

Fed Keeps Interest Rate at Record Low

The Federal Reserve voted Wednesday to keep a key U.S. interest rate at a record low rate of zero to 0.25%.

January 26, 2011

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