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Tag: Fed rate cut

Fed made aggressive start to its first easing campaign, cut interest rates by 50 bps

Fed made aggressive start to its first easing campaign, cut interest rates by 50 bps

September 19, 2024 / Learn Team /
The U.S. central bank has initiated an anticipated series of interest rate cuts, with a larger-than-usual 50 basis point rate cut in its September meeting, marking the first reduction in
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Fed made aggressive start to its first easing campaign, cut interest rates by 50 bps

Fed Chair says Sep rate cut could be ‘on the table’ as inflation cools

August 1, 2024 / Learn Team /
In July meeting, the Federal Reserve (Fed) maintained its key interest rate at 5.25% to 5.5%, citing progress toward its 2% inflation objective. The Fed has stated that recent data
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