The quarter-point cut signals growing concern at the Federal Reserve about a slowdown in the economy amid the trade war with China. The Fed last cut rates in 2008 and raised them as late as December.

Federal Reserve cuts interest rates by 0.25% – its first in a decade This article is more than 7 months old. when the Fed was last forced into cutting rates to support the economy. With a rate cut, the prime rate lowers, too, and credit cards likely will follow suit. Most credit cards come with a variable rate, which means there's a direct connection to the Fed's benchmark rate. The Fed trimmed rates modestly to a range between 1.75% and 2%. It was its second rate cut this year, after the central bank cut rates July 30 for the first time in a decade.. In announcing the The market is now at record highs, and unemployment is way down. Even so, a U.S. rate cut is expected as early as this week. During his congressional testimony last week, Federal Reserve Chairman The last time the Fed cut rates, in December 2008, the U.S. economy was deep in a financial crisis. The stock market had shed a third of its value in a matter of weeks, and unemployment was over 7 This Fed last cut interest rates in September 2007. It finally began raising rates in December 2015, a little more than two and a half years ago. But in that time the Fed's benchmark interest rate The Federal Reserve lowered the target range for its federal funds rate by 100bps to 0-0.25 percent and launched a massive $700 billion quantitative easing program during an emergency move on March 15th to protect the US economy from the effects of the coronavirus. The coronavirus outbreak has harmed communities and disrupted economic activity in many countries, including the United States

Oct 30, 2019 The US Federal Reserve has cut interest rates by a quarter point, in an expected move as a part of what chairman Jerome Powell has 

Oct 30, 2019 The US Federal Reserve has cut interest rates by a quarter point, in an expected move as a part of what chairman Jerome Powell has  The central bank's decision Wednesday to lower the overnight lending rate to a target range of 1.50% to 1.75% marks the third rate cut since July, when the Fed lowered rates for the first time That's effectively zero. The Fed lowered it to this level on December 17, 2008. It was the 10th rate cut in a little more than a year. The Fed didn't resume raising rates until December 2015 . Before this, the lowest fed funds rate was 1% in 2003 to combat the 2001 recession. The Federal Reserve on Wednesday lowered interest rates for the first time since the Great Recession in 2008 to help stave off the possibility of an economic downturn. The Federal Reserve on Wednesday cut interest rates by a quarter percentage point for the second time since July, as concerns grow about a potential global slowdown. The quarter-point cut signals growing concern at the Federal Reserve about a slowdown in the economy amid the trade war with China. The Fed last cut rates in 2008 and raised them as late as December.

With a rate cut, the prime rate lowers, too, and credit cards likely will follow suit. Most credit cards come with a variable rate, which means there's a direct connection to the Fed's benchmark rate.

The Federal Reserve on Wednesday cut interest rates by a quarter percentage point for the second time since July, as concerns grow about a potential global slowdown. The quarter-point cut signals growing concern at the Federal Reserve about a slowdown in the economy amid the trade war with China. The Fed last cut rates in 2008 and raised them as late as December. S&P 500 usually pops after cuts. In fact, since 1990, the S&P 500 has gained on average 0.16% on the day of a 25-basis-point cut. One-month later, the broad-market benchmark is 0.57% higher. Double that cut and the market is 0.34% higher on the of the decision day and 1.25% higher a month later. The Federal Open Market Committee lowers its benchmark funds rate by 25 basis points to a range of 1.5% to 1.75%, as expected. The Fed indicates it may pause rate cuts from here. Auto loan rates are still relatively low, even after years of rate hikes. Currently, the average five-year new car loan rate is 4.72%, up from 4.34% when the Fed started boosting rates, while the average four-year used car loan rate is 5.41%, up from 5.26% over the same time period,

Mar 4, 2020 The latest reduction, to a range of 1% to 1.25%, was the fourth time the central bank has lowered borrowing costs since July. “When the economy 

The central bank's decision Wednesday to lower the overnight lending rate to a target range of 1.50% to 1.75% marks the third rate cut since July, when the Fed lowered rates for the first time That's effectively zero. The Fed lowered it to this level on December 17, 2008. It was the 10th rate cut in a little more than a year. The Fed didn't resume raising rates until December 2015 . Before this, the lowest fed funds rate was 1% in 2003 to combat the 2001 recession. The Federal Reserve on Wednesday lowered interest rates for the first time since the Great Recession in 2008 to help stave off the possibility of an economic downturn. The Federal Reserve on Wednesday cut interest rates by a quarter percentage point for the second time since July, as concerns grow about a potential global slowdown.

The Federal Reserve lowered the target range for the federal funds rate to 1.75-2 percent during its September meeting, the second rate cut since the financial crisis, as inflation remains subdued amid heightened concerns about the economic outlook and ongoing trade tensions with China.

The Federal Open Market Committee lowers its benchmark funds rate by 25 basis points to a range of 1.5% to 1.75%, as expected. The Fed indicates it may pause rate cuts from here. Auto loan rates are still relatively low, even after years of rate hikes. Currently, the average five-year new car loan rate is 4.72%, up from 4.34% when the Fed started boosting rates, while the average four-year used car loan rate is 5.41%, up from 5.26% over the same time period, Winners and losers from the Fed’s rate cut. The Federal Reserve says that it’s cutting interest rates by 0.25 percent, lowering the federal funds rate to a range of 2 percent to 2.25 percent. This latest rate decrease was widely expected and follows a series of four interest rate hikes in 2018. The Federal Reserve lowered the target range for the federal funds rate to 1.75-2 percent during its September meeting, the second rate cut since the financial crisis, as inflation remains subdued amid heightened concerns about the economic outlook and ongoing trade tensions with China.

4 days ago The Federal Reserve made another emergency cut to interest rates on Sunday, slashing the federal funds rate by 1.00 percent to a range of  Oct 30, 2019 The quarter-point cut comes as the economy continues to show signs of slowing, but the Fed signaled that it may pause to weigh incoming data  This page provides the latest reported value for - United States Fed Funds Rate The Federal Reserve is widely expected to cut the fed funds rate either by  Oct 30, 2019 Fed cuts interest rates, but indicates a pause is ahead with both maintaining that the committee should have held the line at the previous rate.