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Fed, rate cut
The Fed cut rates for the first time in 4 years. What does that mean for your money?
The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances.
Federal Reserve signals end to inflation fight with a sizable half-point rate cut
Having all but tamed inflation, the Federal Reserve is poised to do something Wednesday it hasn’t done in more than four years: Cut its benchmark interest rate, a step that should lead to lower borrowing costs for consumers and businesses.
Here’s where you can still score a 6% APY, and higher, on your savings – as the Fed cuts rates for the first time in 4 years
After years of rate hikes in its effort to tame rising inflation, the central bank has elected to do something it hasn’t done since 2020: make a cut. While on one hand the Feds
1d
on MSN
The Fed opts for the bigger 0.5% cut on Wednesday. Here’s why it matters
A reduction of the Federal Reserve’s benchmark rate will trickle down to consumers in a variety of ways but some are slower ...
1d
on MSN
Dow leaps to all-time high — then tumbles after Fed slashes rates by half-point
After surging as much as 375 points to an all-time high after the Fed announcement, the Dow turned negative in late trading ...
6d
Inflation hits 2.5% in August, keeping the Fed on track to lower interest rates
The annual inflation rate in August was 2.5%, but core inflation remained sticky at 3.2%, according to the latest Consumer ...
syracuse.com
1d
Fed signals end to inflation fight with a sizable half-point rate cut
WASHINGTON (AP) —
The Federal Reserve
on Wednesday cut its benchmark interest rate by an unusually large half-point, a ...
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