Federal Reserve cuts its key interest rate by a quarter-point on heels of election
The interest rate cut follows a larger half-point reduction in September, and it reflects the Federal Reserve's continued focus on supporting the job market and battling inflation.
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The story so far
3 developments- Nov 4, 2024Only lean-left coverage:Americans are probably getting another interest rate cut this week — just days after the election
- Nov 6, 2024Only center coverage:US Fed expected to look beyond Trump win and cut rates again
- Nov 7, 2024Federal Reserve cuts its key interest rate by a quarter-point on heels of election
Who covered each development
No new developments
Quiet for 691 daysLast development · Nov 7, 2024 — Federal Reserve cuts its key interest rate by a quarter-point on heels of election
The bigger story
Left
9 viewpointsFederal Reserve cuts its key interest rate by a quarter-point amid post-election uncertainty
Center
23 viewpointsFed makes another interest rate cut but won't speculate on possible economic changes under Trump administration
Federal Reserve cuts its key interest rate by a quarter-point amid post-election uncertainty
Right
9 viewpointsFed trims interest rates by quarter-point - The Daily Reporter
The Fed just cut interest rates again, this time by a quarter of a percentage point
Federal Reserve set to cut interest rates again as post-election uncertainty grows
Other outlets
International, entertainment and tech outlets, by their rating. Not counted in the bar above. How we count coverage
Left
3 articlesUS central bank lowers interest rates by quarter point as new Trump term looms
Center
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Right
0 articlesNone