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Fed Makes a Large Rate Cut and Forecasts More to Come
Will the Federal Reserve cut interest rates again this year?
By the end of 2024, interest rates will fall nearly another half of a percentage point from their current level of between 4.75% and 5%, according to FOMC projections. Interest rates will drop another percentage point over the course of 2025, the projections further indicated.
Fed's next rate cut will be smaller, traders bet
Traders on Thursday added to bets the U.S. Federal Reserve's next rate cut will be smaller than the one it delivered on Wednesday, after economic data showed an unexpected drop in unemployment insurance claims.
The Fed 'moved too fast' with rate cuts and now risks reigniting inflation, analyst says
The US isn't out of the words with inflation, and one fixed-income strategist thinks the Fed's jumbo rate cut will make matters worse.
2d
on MSN
Goldman Sachs issues stocks forecast for next year
To be sure, bulls are quick to point out that the Atlanta Federal Reserve bank forecast model shows economic growth ...
11h
on MSN
Jan. 6 rioter who assaulted police gets weekends in jail for a year
The sentence is among the lighter terms for a person convicted of attacking law enforcement during the Jan. 6 attack. Another ...
13h
Social Security COLA 2025: 7 Reasons Why Rising Medicare Premiums Could Wipe Out Your Raise Next Year
Social Security COLA is estimated to be around 2.5%. For many retirees, rising costs of Medicare premiums could offset much ...
5d
on MSN
The 2025 Social Security Cost-of-Living Adjustment (COLA) Is Almost Official. Here's How Much Retirement Benefits Could Increase Next Year
The Bureau of Labor Statistics (BLS) just released the second of three data points that will determine how much more retirees ...
CNN
4d
Average base pay raises at larger corporations projected to be just under 4% next year
Mostly large US corporations are projecting an average increase in their base pay budgets of 3.9% for
next
year
, ...
20h
Max SSI Payment 2025: What could be the highest payment for next year with the latest COLA projection?
If you rely on Social Security benefits, expect a modest increase in your monthly payments starting in 2025. The Social ...
Game Rant on MSN
15h
PlayStation Version of Minecraft is Losing a Feature Next Year
With Minecraft Live 2024 on the horizon, Mojang announces Minecraft on PlayStation will be losing a very special feature in ...
1d
The Next 10 Years Will Be Transformative—Here’s What To Focus On Now
Discover key insights from Fortune 500 leaders on leveraging AI, fostering inclusive culture, and reshaping leadership ...
49m
Multan to host back-to-back test matches between England and Pakistan next month
Multan will host back-to-back test matches between Pakistan and England next month after Karachi was ruled out due to renovation work at the National Bank Stadium.
7d
10 Reasons to Wait for Next Year's iPhone 17
Apple's iPhone development roadmap runs several years into the future and the company is continually working with suppliers ...
CNN on MSN
2d
Students will return to Apalachee High School next week after year’s deadliest school shooting
A phased reopening of Apalachee High School, the scene of this
year
’s deadliest school shooting, is scheduled to begin ...
20h
Egypt’s Gas Output to Return to Normal Levels Next Year, PM Says
Egypt’s natural gas production will return to normal levels by June 2025, the prime minister said, just as a recent output ...
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