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Fed Just Cut Interest Rates
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.
Fed Cuts Interest Rates For First Time In 4 Years: Here’s What It Means For You
What Do Fed Rate Cuts Do? The Fed only officially controls the federal funds rate, which determines the interest charged in overnight cash reserve transactions between banks. But
If you own a home or hope to buy one soon, what does the Fed’s interest rate cut mean for you?
Over the past few years, elevated mortgage rates and sky-high housing prices have contributed to a lack of home affordability.
20h
on MSN
What does the Fed interest rate cut mean for mortgages and homebuyers?
Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the ...
17h
After Fed Cuts Rates, Biden Claims Credit for Economy’s Strength
The president’s speech on Thursday won’t be a “victory lap,” officials said, but it will celebrate falling inflation and ...
1d
Why The Fed’s Lower Rates Will Boost Small Business Earnings
The long-anticipated cut, larger than the typical quarter-percent (25 bps) drop, was the first since the Fed started raising ...
19h
on MSN
U.S. Home Sales Surprise Fall in August Despite Easing Mortgage Rates
Sales decreased 2.5% month on month to a 3.86 million according to a report from the National Association of Realtors ...
22h
U.S. Existing Home Sales Slump To Ten-Month Low In August
The National Association of Realtors released a report on Thursday showing a sharp pullback by U.S. existing home sales in the month ...
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Opinions
There Was Nothing Political About the Fed’s Big Interest Rate Cut
The New York Times
1d
Fed rate cut: Vibes on the big day
moneycontrol.com
2d
The Fed’s interest rate cut reflects an increasingly troubled economy
MSN
1d
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