Federal Reserve cuts interest rate for 3rd straight time
Digest more
The Fed has cut interest rates for the third time in a row at December's meeting. Fed members were the most divided they've been all year.
The Federal Reserve concluded its last meeting of the year with a widely anticipated 25 basis point cut to the federal funds rate (FFR), bringing it to a range of 3.50-3.75%.
3don MSN
Federal Reserve to announce next rate decision in December meeting tomorrow. Here's what to expect.
The Federal Reserve will announce if they will cut rates again in December's meeting — their last meeting of 2025. The decision will determine whether borrowers get more relief on interest rates.
The Federal Reserve ordered another quarter-point cut to its federal funds rate, but not without dissents among the rate-setting committee.
WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring, even as inflation stays elevated. But Fed Chair Jerome Powell also cautioned that further rate cuts ...