Federal Reserve cuts its key rate by a quarter-point but envisions fewer reductions next year

Federal Reserve cuts its key rate by a quarter-point but envisions fewer reductions next year

ByThe Associated Press

December 18, 2024, 2:01 PM

WASHINGTON -- Federal Reserve cuts its key rate by a quarter-point but envisions fewer reductions next year.

Popular Reads

Police ID 15-year-old girl as Abundant Life Christian School shooter in Wisconsin

Dec 17, 2:31 PM

12 people found dead inside restaurant at popular ski resort

Dec 18, 3:31 AM

Madison school shooting latest: Motive appears to be combination of factors

Dec 17, 8:11 PM

What to know about the 15-year-old suspected school shooter in Wisconsin

Dec 17, 3:29 PM

CEO shooting latest: Mangione charged with murder

Dec 9, 11:38 PM

ABC News Live

ABC News Live

24/7 coverage of breaking news and live events