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Coverage dated December 10, 2023 to December 13, 2023

Federal Reserve keeps key interest rate unchanged and foresees 3 rate cuts next year

Headline from 12News Now Beaumont, on the newest of 2 developments

“Inflation has eased over the past year but remains over our longer run goal of 2%,” Powell said.

12News Now Beaumont's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Earlier updates in this story

Developments in this update

2 dated developments, oldest first, newest marked. Each is named by one outlet's own headline; open its reports to see every outlet that covered it.

  1. Speculation about eventual rate cuts is rising, but Fed is set to leave interest rates unchanged

    Headline from Courthouse News Service ·

  2. Newest

    Federal Reserve keeps key interest rate unchanged and foresees 3 rate cuts next year

    Headline from 12News Now Beaumont ·

Read the reports

Reports & sources

43 articles, oldest first.

  1. Washington Times

    Fed is set to leave interest rates unchanged while facing speculation about eventual rate cuts (opens Washington Times)

    Published

    Washington Times's feed description

    With inflation edging closer to the Federal Reserve’s 2% target, its policymakers are facing — and in some cases fueling — hopes that they will make a decisive shift in policy and cut interest rates next year, possibly as soon as spring.

  2. Courthouse News Service

    Speculation about eventual rate cuts is rising, but Fed is set to leave interest rates unchanged (opens Courthouse News Service)

    Published

    Courthouse News Service's feed description

    The timing of any rate cuts will depend on the health of the economy. A recession — or the threat of one — would likely prompt more, and earlier, interest rate reductions.

  3. The Boston Globe

    Fed officials leave rates unchanged and forecast three cuts next year (opens The Boston Globe)

    Published

    The Boston Globe's feed description

    Federal Reserve officials on Wednesday left interest rates unchanged in their final policy decision of 2023 and forecast that they will cut borrowing costs three times in the coming year, a sign that the central bank is shifting toward the next phase in its fight against rapid inflation.

  4. Fox7 Austin

    Federal Reserve holds key interest rate steady, anticipates three rate cuts next year (opens Fox7 Austin)

    Published

    Fox7 Austin's feed description

    The Federal Reserve kept its key interest rate unchanged Wednesday for a third straight time.

  5. Philadelphia Inquirer

    The Federal Reserve kept its key interest rate unchanged and said it foresees three rate cuts in 2024 (opens Philadelphia Inquirer)

    Published

    Philadelphia Inquirer's feed description

    The Fed said that “inflation has eased over the past year, but remains elevated.”

  6. 12News Now Beaumont

    Federal Reserve keeps key interest rate unchanged and foresees 3 rate cuts next year (opens 12News Now Beaumont)

    Published

    12News Now Beaumont's feed description

    “Inflation has eased over the past year but remains over our longer run goal of 2%,” Powell said.

  7. Wall Street Journal

    Fed Holds Rates Steady and Sees Cuts Next Year (opens Wall Street Journal)

    Published

    Wall Street Journal's feed description

    The Federal Reserve held interest rates steady and signaled inflation had improved more rapidly than anticipated, opening the door to rate cuts next year.

  8. Bloomberg

    Fed Holds Rates Steady Again and Pivots Toward Cuts in 2024 (opens Bloomberg)

    Published

  9. France 24

    US Fed holds key rate steady and signals three cuts likely in 2024 (opens France 24)

    Published

    France 24's feed description

    The US Federal Reserve voted Wednesday to hold interest rates at a 22-year high for the third straight meeting but policymakers signaled they expect to make three rate cuts next year.

  10. New York Times

    Fed Leaves Rates Unchanged and Signals Three Cuts Next Year (opens New York Times)

    Published

    New York Times's feed description

    Federal Reserve policymakers left rates unchanged and projected three quarter-point rate cuts in 2024 as their inflation outlook improved.

  11. Washington Examiner

    Fed officials pencil in three rate cuts for 2024 (opens Washington Examiner)

    Published

    Washington Examiner's feed description

    The Federal Reserve decided to forgo an interest rate hike amid reports showing inflation is cooling, and signaled that it will cut rates faster than previously anticipated next year.

  12. FOX Business

    Fed leaves interest rates unchanged again and signals three cuts coming next year (opens FOX Business)

    Published

    FOX Business's feed description

    The Federal Reserve paused its interest-rate hike campaign on Wednesday for the third straight time amid growing evidence that high inflation is subsiding.

  13. Fortune

    Federal Reserve holds interest rate steady and predicts 3 rate cuts next year as economy slows (opens Fortune)

    Published

    Fortune's feed description

    The Fed acknowledged that it has made progress fighting inflation, but its 3 predicted cuts are less than what financial markets hoped for.

  14. The Guardian

    Fed holds US interest rates at 22-year high but signals cuts in 2024 (opens The Guardian)

    Published

    The Guardian's feed description

    Federal Reserve officials expect to cut interest rates three times next year as US inflation continues to fade

  15. NBC New York

    Fed holds rates steady, indicates three cuts coming in 2024 (opens NBC New York)

    Published

    NBC New York's feed description

    The Federal Reserve on Wednesday released its decision on interest rates.

  16. Kiplinger

    Fed Leaves Rates Unchanged, Projects Cuts in 2024: What the Experts Are Saying (opens Kiplinger)

    Published

    Kiplinger's feed description

    The Fed left interest rates at a 22-year high but forecast three cuts next year.

  17. Honolulu Star-Advertiser

    Fed keeps key interest rate unchanged, foresees 3 rate cuts (opens Honolulu Star-Advertiser)

    Published

    Honolulu Star-Advertiser's feed description

    UPDATE: 9:10 a.m.

  18. CNET

    Fed Holds Rates Steady With Cuts Expected in 2024. Here's What That Means for Your Money (opens CNET)

    Published

    CNET's feed description

    We may have seen the last of rate hikes, but borrowing will remain expensive going into the new year.

  19. The Boston Globe

    Federal Reserve may shed light on prospects for rate cuts in 2024 while keeping key rate unchanged (opens The Boston Globe)

    Published

    The Boston Globe's feed description

    Will the Federal Reserve cut its key interest rate sometime next year — and, if so, by how much?

  20. Las Vegas Review-Journal

    Fed signals it could cut interest rates 3 times in 2024 (opens Las Vegas Review-Journal)

    Published

    Las Vegas Review-Journal's feed description

    The Federal Reserve kept its key interest rate unchanged Wednesday for a third straight time, and Chairman Jerome Powell said inflation has cooled.

  21. Investopedia

    Fed Keeps Interest Rate Unchanged at 22-Year High But Signals Cuts Next Year (opens Investopedia)

    Published

    Investopedia's feed description

    The Federal Reserve on Wednesday held its key interest rate where it’s been since July, at its highest since 2001.

  22. WSVN Miami

    Federal Reserve keeps key interest rate unchanged and foresees 3 rate cuts next year - WSVN 7News | Miami News, Weather, Sports (opens WSVN Miami)

    Published

    WSVN Miami's feed description

    WASHINGTON (AP) — The Federal Reserve kept its key interest rate unchanged Wednesday for a third straight time, a sign that it is likely done

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.