Fed Surprises With Jumbo Half|Point Rate Cut

Fed Surprises With Jumbo Half-Point Rate Cut | Bankrate

The Federal Open Market Committee (FOMC) cut their benchmark borrowing rate by half of a percentage point, bringing the key federal funds rate to a new target ...

The Fed surprised many investors with a jumbo rate cut this week. It ...

The Federal Reserve announced today that they will cut the central bank's benchmark interest rate by 50 basis points to a new range of 4.75%-5%.

The Federal Reserve made a rate cut decision today ... - CBS News

The Fed shaved borrowing costs by 0.25 percentage points, or half the size of its September reduction, according to its Thursday statement. That ...

Federal Reserve cuts interest rates by 25 basis points - Yahoo Finance

The move marks the second rate cut in seven weeks, following a jumbo half percentage point reduction in September that kicked off the Fed's ...

Is the Fed's surprise jumbo rate cut good news for investors' portfolios?

Between March 2022 and July 2024, the Fed lifted rates from near-zero to a range of 5.25–5.5% to combat spiralling inflation. Many economists and strategists ...

Goldman CFO: Fed's jumbo rate cut puts U.S. on track for soft landing

One basis point equals 0.01%. It was the first time the FOMC had cut by that much since the early days of the Covid-19 pandemic and, before that ...

Fed Was Split On Size Of Interest Rate Cut, Minutes Show - Forbes

At the Federal Open Market Committee's Sept. 17-18 meeting, “a substantial majority” of central bankers backed the 0.5 percentage-point cut, ...

After jumbo Fed rate cut, market hopes ride on US soft landing

The Fed delivered a 50 basis point rate cut on Wednesday - lowering borrowing costs for the first time in more than four years.

The Fed just made a jumbo rate cut. Here are 5 takeaways on what it ...

The Federal Reserve on Wednesday lowered its benchmark rate by 0.50 percentage points, or double the more typical 0.25 percentage point cut.

No case for more jumbo rate cuts by the Fed, strategists say - CNBC

One week ago, however, odds of a jumbo cut were at 34.7%. Federal funds target rate July 2000–September 2024.

Fed cuts interest rates by half a point, marking first trim since 2020

The Federal Reserve cut interest rates Wednesday by a half-point, turning the page on an era of dangerously high inflation.

Key takeaways from the Fed's decision to deliver a jumbo-sized ...

The Federal Reserve slashed interest rates aggressively Wednesday, announcing the first rate cut since March 2020. The half-point move paves ...

FOMC's Jumbo Rate Cut: Breaking Down the Fed's Largest Cut in ...

The jumbo cut is double the standard quarter-point rate cut and brings the federal funds rate to a range of 4.75% to 5.00%. Wednesday's rate cut ...

What's Behind Powell's Jumbo Rate Cut and 5 Other ... - Barron's

The Fed's Surprise That Wasn't a Surprise. ... One of the surprising things about the Federal Reserve's half-point interest-rate reduction on ...

Analyzing the Fed's Rationale Behind a Half-Point Rate Cut

The Federal Reserve's rate-setting body cut its policy rate target band by half of a percentage point, from 5.25–5.50% to 4.75–5.00% on Wednesday, September 18.

Fed Cuts Rates Again, This Time by a Quarter Point

The Federal Reserve approved a quarter-point interest rate cut Thursday but signaled a little more uncertainty over how quickly it would ...

Following the Fed's bold rate cut, what could its next move be?

JP Morgan Research expects the Fed to cut rates by another 50 bp at its next meeting in early November.

US Fed cuts rates by larger than usual half-percentage point

The United States Federal Reserve has cut interest rates by half of a percentage point, kicking off what is expected to be a steady easing of monetary policy.

Fed Announces Big Rate Cut - The New York Times

We concluded that this was the right thing for the economy and the people we serve,” the Federal Reserve chair, Jerome Powell, said, ...

Fed's rate cut sends stocks to record highs. Where are ... - ABC News

Stocks rallied to record highs this week in the aftermath of a jumbo-sized interest rate cut at the Federal Reserve, presenting investors with a key question.