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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.
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.
2h
Will a Jumbo Interest Rate Cut Be Followed by a Recession? It's Happened Before
The Federal Reserve began what will likely be a campaign of interest rate cuts Wednesday by cutting its influential federal ...
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, ...
23h
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 ...
2h
on MSN
Chevron says no interest in U.S. LNG plant investment, prefers direct gas sales
Chevron (NYSE:CVX) does not plan to invest in the construction of U.S. liquefied natural gas plants, which are not the best ...
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 ...
5h
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 ...
46m
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 ...
17h
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 ...
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