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Fed Announces 0.25% Rate Cut
Fed lowers key interest rate by quarter point as inflation eases but pace of cuts may slow
After a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point from its 23-year high.
Federal Reserve cuts its key interest rate by a quarter-point amid postelection uncertainty
Thursday's move reduces the Fed's benchmark rate to about 4.6%, down from a four-decade high of 5.3% before September's meeting.
What the Fed’s interest rate cuts mean for your money
That’s why you will always get the same advice in any
rate
environment. Pay down your credit cards as quickly as you can. If you qualify, try to find a balance-transfer card that will offer you up to 21 months at 0%
interest
and pay as much of your ...
CBS News on MSN
3d
The Federal Reserve made a rate cut decision today. Here's the impact on your money.
That brings down the federal funds
rate
— the
interest
rate
banks charge each other for borrowing money — to a range of ...
1d
on MSN
Trump has promised lower interest rates. That will be largely out of his control
While Trump has sought to pressure the Fed to cut rates, consumer rates on mortgages and other loans are determined by a ...
CNN on MSN
4d
Why Trump’s return could spark another bout of inflation and delay interest rate cuts
Inflation is likely to rise in the United States and around the world if newly elected US President Donald Trump follows ...
2d
Federal Reserve Chair Jerome Powell says won't resign if pressured by Trump after interest rate cuts
The significance of a decrease in
interest
rates It is pertinent to note that the
interest
rate
is the Fed’s main tool ...
Newsweek on MSN
3d
Jerome Powell Announces Interest Rate Cut After Inflation Cools
Federal Reserve Chairman Jerome Powell announced Thursday that the central bank cut its benchmark interest rate after ...
3d
on MSN
US, UK and Sweden pile on rate cuts
The United States, Britain and Sweden all cut interest rates this week, even as Donald Trump's U.S. election win introduced a ...
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