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Today — 19 September 2024Main stream

How to Read the Fed’s ‘Dot Plot’ Like a Pro

19 September 2024 at 00:30
The Federal Reserve is expected to cut rates on Wednesday. Wall Street is focused on how much, and on what comes next.

© Al Drago for The New York Times

The Federal Reserve’s William McChesney Martin building in Washington.
Yesterday — 18 September 2024Main stream

Fed Cuts Interest Rates for First Time in Four Years

19 September 2024 at 03:47
Fed officials kicked off rate cuts with a half-point reduction, confident that inflation is cooling and eager to keep the job market strong.

© Tom Brenner/Reuters

Federal Reserve Board Chairman Jerome Powell speaking at a press conference on interest rate policy in Washington, D.C. today.
Before yesterdayMain stream

How the Fed Cutting Interest Rates Affects Banks, Stocks and More

For corporate America, this week’s expected interest rate cut carries risks along with rewards.

© Haiyun Jiang/The New York Times

The Federal Reserve is expected to cut interest rates this week, by either a quarter or a half a percentage point.
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