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Fed’s historic rate cut and how it affects you
How The Fed’s Interest-Rate Cuts Could Impact The Labor Market
The Fed's decision to cut interest rates by 50 basis points reflects its growing confidence in taming inflation and a renewed focus on supporting the job market.
Key takeaways from the Fed’s decision to deliver a jumbo-sized interest rate cut
The Federal Reserve is widely expected to announce Wednesday that it is cutting interest rates, the first such move in more than four years.
US Fed cuts interest rate by 50 basis points, more to come
The Fed announced a cut of 50 basis points and lowered its key rate to roughly 4.8 per cent, Associated Press ( AP) reported. This is down from a two-decade high of 5.3 per cent, where it had stood for 14 months, as it struggled to curb the worst inflation streak in four decades.
2d
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.
1d
on MSN
Biden to take victory lap on economy after historic fed interest rate drop, White House says
The White House chief of staff recalled how Biden came into office with what he described as “a once-in-a-generation pandemic ...
12d
on MSN
Prediction: Here's What the Average Credit Card Interest Rate Will Be in 2025
The average credit card interest rate is almost certain to go down next year. But will it give consumers any relief? Find out ...
3d
on MSN
Kamala Harris, Homeowners Brace for Interest Rate Decision
With the presidential election less than two months away, a drop in interest rates could be good news for the Democratic ...
2d
Hong Kong central bank cuts interest rate, tracks Fed move
The Hong Kong Monetary Authority (HKMA) on Thursday cut its base rate charged via the overnight discount window by 50 basis ...
18h
Dow finishes week in record territory following Fed's interest rate cut
Spurred on by the Federal Reserve Board's half-point cut in interest rates, the stock market closed out a buoyant week on ...
2d
US Home Sales Fell in August Despite Easing Mortgage Rates, More Homes on the Market
Sales of previously occupied U.S. homes fell in August to the slowest annual pace in nearly a year even as mortgage rates ...
2d
U.S. Existing Home Sales Slump To Ten-Month Low In August
The National Association of Realtors released a report on Thursday showing a sharp pullback by U.S. existing home sales in the month ...
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