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Trump, Fed and Rate Cut
Fed cut interest rates for first time in 4 years. See how much and what that means
The Federal Reserve lowered its key interest rate by a hefty half percentage point Wednesday, moving ahead with its first rate cut in four years.
The Fed just made a jumbo rate cut. Here are 5 takeaways on what it means for mortgages and more.
The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.
Fed rate cut: How inflation and home loans have changed
Here’s how inflation and the cost of borrowing have changed since the Fed started raising interest rates in March 2022. After peaking at 9.1% in June 2022, inflation has eased, falling to a three-year low of 2.5% in August, just above the Fed’s 2% target rate.
19h
on MSN
Ex-Kansas City Fed chief sees renewed inflation risk after large rate cut
The U.S. central bank's decision to cut interest rates by half a percentage point leaves open the risk of a resurgence in ...
21h
on MSN
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.
23h
The Fed Rate Cut, Puncturing The Phillips Curve Myth
The echo chamber of prominent economists have tried over the years to fit the Phillips curve to reality. Ditch the Phillips ...
WBUR
22h
Warren advocates for a bigger Fed rate cut, even as Wall Street cheers
Fed Chair Jerome Powell announced a half percent cut to benchmark interest rates on Wednesday — the first cut since March ...
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