Fed Cuts Interest Rate by a Quarter Point

The Fed expects to cut rates more slowly in 2025. What that could mean for mortgages, debt and more
The Federal Reserve’s third interest rate cut of the year will likely have consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses
Fed Cuts Interest Rate by a Quarter Point, but Don't Expect Big Declines for Mortgages Yet
In remarks at a postmeeting press conference on Wednesday, Fed Chair Jerome Powell said that policymakers are now equally attuned to risks from both sides of the mandate, and would proceed cautiously with future rate cuts to avoid reigniting rapid inflation.
Fed's third interest rate cut will help many consumers who took on high-cost debt
The Fed also gave some indication that possibly two more interest rate cuts — instead of the four rate cuts projected just a few months ago — might be ahead for 2025. Nothing is set in stone.
What the Fed's December rate cut means for mortgage interest rates
The Fed's December rate decision reflects growing confidence in the economy's trajectory and the continued moderation of inflation pressures, despite an uptick in the inflation rate over the last few months.
The Fed Could Be Done Cutting Its Interest Rate For a While—What Should You Do?
The Federal Reserve cut its influential federal funds rate on Wednesday, but signaled it may be the last cut for a while. Here's what financial planners recommend you do with your money.
Today's Interest Rate Cut: How the Federal Reserve Affects Your Wallet
How does the Fed set interest rates? Interest is the cost you pay to borrow money, whether that's through a loan or credit card. Lower interest rates mean the percentage you owe o
Why Did the Stock Market Crash After the Fed Cut Interest Rates Last Week?
The Fed has now cut interest rates three times since September due to a decline in the rate of inflation and some modest weakness in the jobs market. Lower rates are usually good for stocks for a number of reasons (more on those later), but this particular cut was met with a wave of selling among investors.
The Fed cut interest rates, but mortgage costs jumped. Here's why
The average 30-year fixed rate mortgage spiked after the Federal Reserve cut rates. Experts say expectations for rate cuts in 2025 fueled the jump.
Colombia's central bank delivers smaller rate cut than expected
Colombia's central bank on Friday cut its benchmark interest rate by 25 basis points to 9.50%, a smaller move than expected by markets, as it slowed the pace of its easing due to domestic fiscal uncertainty and decisions by its peers around the world.
What The Interest Rate Drop Means For Small Businesses
The impact of interest rate reductions will help small and mid-sized banks, which had big exposure in commercial real estate ...
Americans will likely get one more interest-rate cut before the year closes out
Traders expect the Federal Reserve to cut interest rates this week while the outlook for 2025 under President-elect Donald ...
Bank of Mexico lowers key interest rate, opens door to larger cuts
Mexico's central bank lowered its benchmark interest rate by 25 basis points to 10.00% on Thursday and signaled larger rate ...
Dow falls 1,100 points on disappointing Fed interest rate news
Fed now predicts fewer interest rate cuts in 2025. But the Fed also forecast a markedly slower pace of rate cuts next year, ...
US makes third interest rate cut despite inflation risk
The US central bank has cut interest rates for a third time, despite concerns that the move will deliver a boost to the ...