How Big Will the Fed Rate Cut Be? Officials Need to Strike a Balance. NYT | Top Stories By: Jeanna Smialek 18 September 2024 at 23:57 Policymakers are expected to lower rates for the first time in four years on Wednesday while releasing fresh economic forecasts.
Fed Cuts Interest Rates for First Time in Four Years NYT | Top Stories By: Jeanna Smialek 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/ReutersFederal Reserve Board Chairman Jerome Powell speaking at a press conference on interest rate policy in Washington, D.C. today.