Federal Reserve lowers interest rate

MassLive · 1d

Federal Reserve cuts benchmark interest rate: Here’s what it means

The Federal Reserve announced a half percentage point drop in interest rates last month: Here's why and what it means.

The Motley Fool · 7d

The Fed Just Issued a 0.50% Rate Cut. Here's What That Means for Your Savings Account

The Fed rate cut will have ripple effects across a variety of financial products. Learn how it'll impact your savings account.

THE WEEK · 11d

Where should you stash your savings after the Fed rate cut?

For example, "several banks are offering high-yield savings accounts with APYs of 4.85%," which, while "down from a peak of 5% or more prior to the rate cut" is still a "relatively robust offer," said CBS News.

Paradise Post on MSN · 5d

What the Fed’s rate cutting plans mean for the housing market

NerdWallet Last month, the Federal Reserve announced a 50-basis-point cut to the federal funds rate, while projecting a comparable reduction through the rest of the year. (A basis point is one one-hundredth of one percent.

The Motley Fool · 7d

A Fed Rate Cut Is Likely Coming Next Month. Here's What It Means for Your CDs

Several Fed rate cuts are on the way in the coming months. Here's how that will affect new and existing CD rates.

AOL · 3d

Suze Orman: What a Fed Rate Cut Means for Your Finances

Since the onset of the COVID-19 pandemic, there's been rampant 40-year record high inflation that is just now starting to cool down. As inflation is improving, the Federal Reserve is taking action.

8don MSN

Fed Chair Powell says the US economy is in ‘solid shape’ with gradual rate cuts coming

Federal Reserve Chair Jerome Powell has signaled that more rate cuts are in the pipeline, though their size and speed will ...

RBNZ slashes interest rate by 50 bps to 4.75%, as widely expected

The RBNZ is widely expected to lower the Official Cash Rate (OCR) by 50 basis points (bps) from 5.25% to 4.75% following its ...

The Focus Is On Interest Rates, But That Is Not All

The Federal Reserve, under Jerome Powell, recently cut its policy rate by 50 basis points. Click here to find out what I ...

4don MSN

The September jobs report dashed hopes for another jumbo rate cut next month

Odds of a 50-basis-point cut in November dropped to 9% from 33% within minutes of the release of the September jobs report.

CNBC5d

Three money moves to make before interest rates go down

The Federal Reserve is gearing up for ... some financial steps to consider before interest rates decline. When the Fed lowers the federal funds rate, the annual percent yield on savings ...

BofA Lowers November Rate Cut Call to 25 Basis Points

Wall Street and the Federal Reserve are starting to align. Although Fed Chair Jerome Powell said on Monday the central bank's next two moves would probably involve 25 basis-point cuts in interest ...

13h

Gold prices fall over 1% as employment data lowers expectations of rate cut

Spot gold fell 1.1 per cent to $2,615.50 per ounce by 12:19 p.m. ET (1619 GMT), falling for the fifth-straight session and ...

CNBC5d

Understanding the federal funds rate: What it is and how it affects your wallet

That interest rate is determined by the Federal Reserve when a 12-member committee meets several times a year to set a target interest rate known as the federal funds rate. The Fed ...

14hon MSN

Rate cuts were supposed to push mortgage rates lower. The opposite has happened.

Friday's blockbuster jobs report reinforced the surprising increase in mortgage rates, since economic strength means less ...

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