Fed rate cut: Fed Cuts Rates as Officials Worry

Fed Cuts Rates as Officials Worry About Labor Market The Federal Reserve cut interest rates by a quarter point for the second time this year. Investors lowered the probability of a cut at the Fed ... The Federal Reserve on Wednesday cut its benchmark interest rate by 0.25 percentage points, but Chair Jerome Powell hinted that the central bank might pause before further lowering borrowing costs. US Fed Rate Cut Date & Time: The US Federal Reserve , led by Chair Jerome Powell, is set to announce its latest FOMC policy decision tonight, with strong market expectations pointing toward another ... The Federal Reserve announced a rate cut in September 2024. Learn what a Fed rate cut is, why it happens, and how it impacts the economy and markets.