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5 Things You Need to Know About the Fed’s Rate Cut
The Fed's action aims to alleviate high interest rates but may exacerbate inflation, stressing consumers and increasing the ...
Fed to cut rates by 25bps in Nov and Dec, approach neutral level sooner
The U.S. Federal Reserve will cut the federal funds rate by 25 basis points in both November and December, according to a strong majority of over 100 economists in a snap Reuters poll.
Should You Refinance Your Mortgage After the Fed’s Interest Rate Cut?
People who bought homes in the past two years may want to seek a lower interest rate. Here’s how to think it through — and ...
The Federal Reserve is finally lowering rates. Here's what consumers should know
The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto ...
After Fed Cuts Rates, Biden Claims Credit for Economy’s Strength
The president said he was not declaring victory over inflation, but marking a pivot point for the recovery from pandemic ...
The Fed gives the US its first jumbo interest-rate cut in 4 years
The Federal Reserve announced an interest-rate cut of 50 basis points on Wednesday, the first in four years after aggressive ...
What the Fed’s interest rate cut means for mortgages, auto loans, and credit card debt
In the short term, the reduction will lead to slightly lower interest rates on mortgages, auto loans, and credit card debt.
So, the Fed cut rates? It’s still not the best time to buy a house
CNN’s Rahel Solomon talks to finance analyst Greg McBride, who puts the Fed’s first rate cut in years into perspective for ...
The Fed’s Long-Awaited Rate Cut Will Be Felt in the Luxury Property Market, Too
Though less reliant on borrowing, the high-end sector will get a jolt of confidence from an active market, resulting in ...
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The Fed says its long-awaited rate cut is apolitical, even close to the presidential election
The Federal Reserve’s first key interest rate cut in four years coincides with another major four-year event: the homestretch of the presidential election. Fed Chair Jerome Powell downplayed the ...
The Fed is finally about to cut interest rates. What took so long?
It’s a pivotal week for the US economy, with the Federal Reserve expected to cut interest rates for the first time since 2020 ...
The week in charts: Rainfall woes, Fed rate cut, Tupperware crisis
Abundant rainfall this year has boosted kharif crop sowing, but excess rains in September may lead to crop damage and add ...