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Fed’s 1st rate cut in 4 years
OK, so there was an interest rate cut. What do I do now?
The Federal Reserve’s decision Wednesday to lower its key interest rate by half a percentage point brought some clarity to the country’s top financial decision-makers, sending stocks surging to all-time highs and finally quieting the “will they,
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.
Mortgage rates drop to lowest since early February 2023 after Fed’s jumbo interest rate cut
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month. But much more housing demand will likely be unleashed onto the market after the Federal Reserve finally cut interest rates this week for the first time in four years — and signaled more rate cuts by year’s end.
2h
on MSN
Will a Jumbo Interest Rate Cut Be Followed by a Recession? It's Happened Before
Key Takeaways The Federal Reserve began what will likely be a campaign of interest rate cuts Wednesday by cutting its ...
22h
on MSN
Biden Recounts His Economic Record as Interest Rates, Inflation Fall and the Dow Hits a Record
Biden clearly linked the aftermath of the pandemic – with shipping lanes clogged, goods scarce and people shut in and working ...
8h
on MSN
How Five Wall Street Investors Will Trade Falling Interest Rates
The world of 5% yields is ending.
6h
Verstappen must do 'work of public interest' after swearing
Formula One stewards ordered Red Bull's triple world champion Max Verstappen to carry out "work of public interest" after he ...
2h
Will Interest Rate Cuts Save Tesla? Elon Musk Is Counting On It
However, CEO Elon Musk prefers to blame a different culprit: Interest rates. Time and again, the Tesla chief has gone to ...
1h
Will mortgage interest rates fall further in September?
In short, it's unlikely that mortgage interest rates will fall much further in September, even if that doesn't mean that you ...
18h
Trump suggests capping annual credit card interest rates at 10% — but critics fear ‘price controls’
Former President Donald Trump floated limiting annual credit card interest rates to a maximum of 10% during a campaign stop ...
2h
The Fed Just Slashed Interest Rates. Do This With Your Savings Immediately
The Fed's interest rate cuts have the potential to be great news for consumers. When the Fed lowers the federal funds rate, ...
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