Fed set to cut rates
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President Donald Trump has urged the central bank to “CUT INTEREST RATES, NOW, AND BIGGER” than they might plan to.
The Federal Reserve is widely expected to announce its first interest rate cut since December 2024 after its two-day meeting wraps Sept. 17.
Federal Reserve Chair Jerome Powell said the central bank will cut interest rates by a quarter point, following rising inflation and slow job growth.
Mortgage rates just hit their lowest point since 2022, which means there are a few moves buyers should make now.
The Federal Reserve is widely expected to cut rates for the first time this year, with federal funds futures trading data putting the odds of a 25 basis point cut at about 94% Wednesday morning. Traders see a 6% chance the Fed lowers rates by 50 bps, the same amount with which it kicked off last year’s rate-cutting cycle in September. 1
The Federal Reserve cut its benchmark interest rate a quarter of a percentage point on Wednesday, opting for its first interest rate cut this year in an effort to revive the flagging labor market.The central bank delivered a policy long-sought by President Donald Trump,
At long last, the Federal Reserve is on the verge of resuming rate cuts. The Federal Reserve last cut the Federal Funds Rate to its current target level of 4.25-4.50% in December 2024.
Bitcoin price moved sideways ahead of the Fed’s rate decision, as liquidation data showed tightly positioned markets and volatility risk.