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Federal Reserve Moves Fed Funds Rate Down by 25 Basis Points to a 4.50%-4.75% Range
"The Federal Reserve has ended its November 2024 meeting with a 25 basis points cut. This cut follows 50 basis point cut in September and the Fed Funds rate now sits 75 basis points below its 5.25 to 5.50% range which marked the high for this cycle. The pace of Fed cuts is now very much in question following the second election of Donald Trump. Whereas the Fed was previously focused entirely on incoming inflationary data, it now needs to focus as well on fiscal policy issues - including the "
"The Federal Reserve has ended its November 2024 meeting with a 25 basis points cut. This cut follows 50 basis point cut in September and the Fed Funds rate now sits 75 basis points below its 5.25 to 5.50% range which marked the high for this cycle. The pace of Fed cuts is now very much in question following the second election of Donald Trump. Whereas the Fed was previously focused entirely on incoming inflationary data, it now needs to focus as well on fiscal policy issues - including the "
Federal Reserve Unveils 50 Basis Point Cut: Fed Funds Target Now at 4.75 to 5.00%
"The Federal Reserve acted as expected to lower the benchmark Fed funds rate for the first time in this cycle. Market observers had fully expected a rate cut going into the September 2024 meeting, but had been divided between a 1/4 point and a 1/2 point hike. The Fed chose to start with a larger move, which Federal Reserve Chairman characterized as a decisive recalibration towards a more neutral stance (as opposed a restrictive stance), lowering the rate by 50 basis points to a target of 4.75 to 5."
"The Federal Reserve acted as expected to lower the benchmark Fed funds rate for the first time in this cycle. Market observers had fully expected a rate cut going into the September 2024 meeting, but had been divided between a 1/4 point and a 1/2 point hike. The Fed chose to start with a larger move, which Federal Reserve Chairman characterized as a decisive recalibration towards a more neutral stance (as opposed a restrictive stance), lowering the rate by 50 basis points to a target of 4.75 to 5."
