Fed rate announcement

2024 - 9 - 18

The Fed’s Rate Cut: Wall Street’s Roller Coaster Ride or a Dream Come True?

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Get ready, Canada! The Fed is cutting rates for the first time in four years. Will your wallet thank them or scream in terror?

In a monumental shift for the U.S. economy, the Federal Reserve is set to announce its first interest rate cut in over four years. As Wall Street holds its breath, the decision takes center stage today, stirring up a whirlwind of market speculation and economic debate. Investors are squirming with anticipation as history reveals the Fed typically avoids surprising the markets with sudden moves. With the stakes high, all eyes are on the carefully orchestrated dance of rates, as traders prepare for what could be a game-changing announcement.

Despite the buzz surrounding the Federal Open Market Committee meeting, there remains uncertainty behind the scenes. economists and investors are engaged in lively discussions over just how much the Fed should cut rates—whether it be a modest quarter-point reduction or a more substantial adjustment. Against this backdrop of financial intrigue, the consensus seems to suggest that a 25-basis-point cut is on the horizon, potentially leading to lower borrowing costs for Canadians and Americans alike.

Meanwhile, the impacts of this upcoming cut extend beyond U.S. borders. For Canadian consumers, it could mean more favorable borrowing conditions and a potential spike in investment opportunities. Additionally, with lower rates, businesses might be encouraged to expand and hire more staff, contributing to a robust North American economy. Yet, with every silver lining comes a cloud; credit card rates could also fall in alignment, meaning the temptation to splurge might be just as enticing as the savings.

As we await the Fed's official announcement, it's worth noting some fascinating facts about interest rates. Did you know that the last rate cut was motivated largely by the economic upheaval caused by the COVID-19 pandemic? This historic moment is not just another number adjustment; it sets the tone for future fiscal policy and dictates how consumers and businesses will manage their financial strategies moving forward. As we embark on this new chapter, let’s hope for a positive ripple effect across the border!

Another interesting tidbit: the last time the Fed set rates this low, it coincided with an era dubbed the “Great Recession”— a crucible in U.S. economic history. Will we see a solid recovery from the pandemic’s aftershocks, or is this just a temporary bandage on a much larger issue? Whichever way it goes, it’s undoubtedly a fascinating time to keep an eye on the financial markets!

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Image courtesy of "CNNMoney"

Fed set to cut rates for first time in four years (CNNMoney)

In a significant shift for the US economy, the Federal Reserve is expected Wednesday to announce its first interest rate cut since Covid.

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Image courtesy of "MarketWatch"

Fed meeting today: Wall Street on edge over historic interest-rate ... (MarketWatch)

History shows the Federal Reserve typically doesn't deliver a “hawkish surprise” to markets, as investors wait to learn the size of a widely expected ...

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Image courtesy of "Reuters"

With Fed's rate cut at hand, debate swirls over how big a move (Reuters)

WASHINGTON, Sept 18 (Reuters) - The Federal Reserve on Wednesday will lower interest rates for the first time in more than four years as the U.S. central ...

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Image courtesy of "FXStreet"

How to trade the Fed interest rate decision (FXStreet)

A central bank usually provides financial and banking services for its country's government and commercial banking system. It also issues the local currency and ...

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Image courtesy of "The New York Times"

Why Uncertainty Still Hangs Over the Fed's Rate Decision (The New York Times)

Investors, economists and politicians are at odds over whether the central bank should cut interest rates by a quarter-point, or more.

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Image courtesy of "The Wall Street Journal"

Fed Meeting Today: Traders Brace for Interest-Rate Cut, Await Dot Plot (The Wall Street Journal)

Ahead of this afternoon's likely interest-rate cut by the Federal Reserve, its first since 2020, here is some reading to help you get up to speed.

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Image courtesy of "Livemint"

US Fed Meeting: See date, timing, and schedule details here (Livemint)

US Federal Reserve September Meet: The Federal Open Market Committee meeting is from September 17-18, 2024, and Fed Chair Jerome Powell is expected to ...

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Image courtesy of "The Wall Street Journal"

Fed Meeting Today: Traders Brace for Interest-Rate Cut, Await ... (The Wall Street Journal)

Follow along for live updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.

The Fed's interest rate decision to rock the markets (FXStreet)

It should be noted that it is the first time the bank is expected to cut rates in four and a half years. Analysts are highlighting that the meeting is to be “ ...

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Image courtesy of "India Today"

US Fed rate decision today at 11:30 pm – 5 things to watch out (India Today)

Markets are widely expecting a 25-basis-point cut in the key interest rate, marking the first reduction in four years.

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Image courtesy of "Livemint"

US Fed Meeting Live Updates: Powell-led FOMC poised to cut rates ... (Livemint)

US Fed Meeting Live Updates: Powell-led FOMC will announce key rate changes today.Wall Street expects that the Federal Reserve will cut rates.

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Image courtesy of "NBC Chicago"

What time is the Federal Reserve decision? What to know as interest ... (NBC Chicago)

The fed is slated to cut its benchmark interest rate, a step that should lead to lower borrowing costs for consumers and businesses just weeks before the ...

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Image courtesy of "CNBC"

Treasury yields rise as investors look to Fed rate decision (CNBC)

U.S. Treasury yields ticked higher Wednesday as all eyes were on the Federal Reserve's interest rate decision expected for later in the day.

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Image courtesy of "USA TODAY"

Interest rate cut today? Fed meeting decision live updates (USA TODAY)

If the Fed cuts interest rates today, borrowers will likely see interest rates ease off their peaks on things like credit cards and auto loans.

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Image courtesy of "Altus Group"

Will the Fed's Interest Rate Cut Boost US Commercial Real Estate ... (Altus Group)

Today's Fed interest rate cut marks the start of the central bank's policy shift from restrictive to accommodative – but will it have an impact on US ...

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Image courtesy of "CTV News"

U.S. Federal Reserve cuts key rate by sizable half-point, signalling ... (CTV News)

The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates ...

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Image courtesy of "Benefits and Pensions Monitor"

S&P 500 hits record high before steadying as Fed rate cut decision ... (Benefits and Pensions Monitor)

The Nasdaq Composite gained 0.2 percent, finishing at 17,628.06. Both the S&P 500 and Dow reached new highs during a typically difficult period for the market— ...

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Image courtesy of "NBC News"

Federal Reserve goes big with half-point interest rate cut, its first ... (NBC News)

The Federal Reserve uses its federal funds rate, which serves as a benchmark for interest rates in the rest of the economy, as its main tool for regulating ...

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Image courtesy of "Reuters"

Wall St slips as Fed's first rate cut in four years looms (Reuters)

Wall Street's main indexes slipped in volatile trading on Wednesday ahead of the Federal Reserve's highly anticipated first interest rate cut in more than ...

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Image courtesy of "CNBC"

Fed meeting live updates: Watch Chair Jerome Powell explain the ... (CNBC)

The Federal Reserve slashed interest rates by 50 basis points at the conclusion of its September policy meeting.

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Image courtesy of "The Washington Post"

Live updates: Fed cuts interest rates by a half-point (The Washington Post)

The Federal Reserve is slated to cut interest rates in its meeting Wednesday. Follow along for live updates on the Fed interest rate decision.

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Image courtesy of "Wealth Professional"

US Fed makes rate decision (Wealth Professional)

The US Federal Reserve has announced that it will cut interest rates for the first time in four years. The cut of 0.5 per cent brings the Fed's overnight ...

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Image courtesy of "CNN"

Key takeaways from the Fed's decision to deliver a jumbo-sized ... (CNN)

The Federal Reserve slashed interest rates aggressively Wednesday, announcing the first rate cut since March 2020.

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Image courtesy of "IFA Magazine"

Fed cuts US interest rates by 0.5% - what does it mean for markets ... (IFA Magazine)

This evening, the US Federal Reserve (Fed) has lowered its benchmark interest rate by 50bps to 4.75-5% target range, with 10/19 officials in favour of cutting.

Federal Reserve issues FOMC statement (Federal Reserve)

Recent indicators suggest that economic activity has continued to expand at a solid pace. Job gains have slowed, and the unemployment rate has moved up but ...

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