Oil prices, Fed
Will the Federal Reserve cut interest rates again this year?
By the end of 2024, interest rates will fall nearly another half of a percentage point from their current level of between 4.75% and 5%, according to FOMC projections. Interest rates will drop another percentage point over the course of 2025, the projections further indicated.
US Federal Reserve announces half-point cut in interest rates, first in four years
Central bank's aggressive move follows a gradual reduction in US inflation and comes less than two months before election day The US Federal Reserve announced an interest rate cut of half a percentage point on Wednesday,
Federal Reserve cuts US interest rates for the first time in more than four years
The US Federal Reserve has cut interest rates for the first time in more than four years, and signalled that more reductions will follow.
Bank of England widely expected to hold interest rates despite big US Fed cut
The Bank of England is widely expected to keep interest rates unchanged later Thursday despite a big cut from the U.S. Federal Reserve, its first since the onset of the coronavirus pandemic more than
How did the market react to the US Federal Reserve cutting interest rates?
The US Federal Reserve surprised economists with its first interest rate cut in four years. Rates have gone down by 0.5 percent to about 4.8 percent - a significant shift after two years of high rates designed to tame inflation. Fisher Funds expert Sam Dickie says the markets responded well to this move after pricing in potential cuts.
US Federal Reserve slashes interest rates by half a point, first cut in four years
Central bank’s aggressive move follows a gradual reduction in US inflation and comes less than two months before election day
US inflation hits 3-year low as Federal Reserve set to cut interest rates
With the cost of goods and services experiencing a slight decline in August, the Federal Reserve may consider cutting its key interest rate soon.
Gulf Central Banks Follow Fed Cut as Oil Prices Drop Toward $70
Gulf policymakers followed the US Federal Reserve’s move to cut interest rates for the first time since the Covid-19 pandemic, giving the energy-rich region some respite from the impact of lower oil prices.
Oil prices little changed as Fed cuts interest rates for first time in years
The U.S. benchmark is down more than 13% in the third quarter, while global benchmark Brent has fallen more than 15%.
Oil prices dip amid Fed rate cut and US crude inventory report
Oil prices declined on Wednesday as the market awaited a Federal Reserve rate cut announcement, while investors processed a mixed report on US crude and fuel storage. Brent crude futures for November dropped 55 cents,
Politico8d
US inflation reaches a 3-year low as Federal Reserve prepares to cut interest rates
The post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low, clearing the way for the Federal Reserve to cut interest rates ...
Associated Press13d
Sluggish US jobs report clears the way for Federal Reserve to cut interest rates
Copyright 2024 The Associated Press. All Rights Reserved. FILE - A linesman works on power lines under the morning sun, July ...
kjrh.com9d
US inflation rate slows as Federal Reserve prepares to lower interest rates
The consumer price index, the top measure for inflation in the U.S., slowed in August to 2.5% in the 12-month period ending in August, according to the Bureau of Labor Statistics who released the ...
Australia reacts as US Federal Reserve slashes interest rates
Australia’s interest rate path and the outlook for its economy has entered a new zone of uncertainty after the US Federal ...