Fed rate decision will be big economic news this week. How much traders bet they'll cut
The Fed will announce its interest rate decision on Wednesday. Nearly all expect them to cut rates because of weakening signs in the economy.
Economists: Fed Will Cut Rates a Quarter-Point Next Week and Twice More This Year
As Chairman Powell's message that 'the time has come' to drop rates resonates, a poll of economists suggests three cuts for 2024.
Inflation falls to 3-year low as Fed prepares to cut interest rates next week
Inflation across the U.S. continued to recede in August as the rate of price hikes returns to pre-pandemic levels.
Will the Fed cut interest rates again this year? Experts weigh in.
MORE: What does the Fed interest rate cut mean for mortgages and homebuyers? By the end of 2024, interest rates will fall another half of a percentage point from their current lev
Here’s where you can still score a 6% APY, and higher, on your savings – as the Fed cuts rates for the first time in 4 years
After years of rate hikes in its effort to tame rising inflation, the central bank has elected to do something it hasn’t done since 2020: make a cut. While on one hand the Feds
History Says This Is How the Vanguard S&P 500 ETF Will Perform After a Fed Rate Cut
In a long-anticipated move, the Federal Reserve this week initiated a cut to the federal funds rate. While the magnitude of the cut came as a slight surprise -- analysts expected a smaller 25-basis-point cut compared to the 50-basis-point cut that was announced -- it is still believed to be the first of several additional cuts it will likely vote for over the next few years.
Dollar edges lower in choppy trading after Fed rate cut
The U.S. dollar edged slightly lower in choppy trading on Wednesday as markets grappled with the supersized 50 basis point interest rate cut as well as the switch to an easing monetary policy stance delivered by the Federal Reserve.
How low could mortgage rates go now that the Fed has finally started cutting? Economists weigh in.
The Federal Reserve announced Wednesday that it was cutting interest rates for the first time in four years. How far will mortgage rates fall from here on out? Not so much, economists say. The central bank announced a 50-basis-point cut to its benchmark rate,
The Fed Cut Rates. Will Saving Account and CD Rates Plummet?
The Federal Reserve cut rates for the first time since March 2020 at its September meeting. Savings rates decreased leading up to the Fed meeting and you may see slight dips in the coming weeks. You can still earn north of 5% APY with today’s best savings accounts and CDs.
The Fed Just Made a Pivotal Rate Cut. What Will It Do Next?
Key Takeaways Now that the Federal Reserve has begun to lower its key fed funds rate, the question before policymakers is how fast and how far to reduce it in the coming months.Many economists expect the Fed to cut rates twice more this year,
When is Halloween 2024? Everything to know about this year's holiday
This year, Halloween falls on Thursday, October 31, 2024. While you might be wishing it fell on a weekend, this year, the ...
10 Unexpected Places Romance Blossomed This Summer
Readers share their stories of serendipitous meet-cutes at retreats, museums, cooking classes and grocery stores.
When's the next Federal Reserve meeting? Here's when to expect updates on current rate.
Your wallet, explained. Sign up for USA TODAY's Daily Money newsletter. The next Federal Reserve meeting will be held from ...
The IRS Says There’s Always Next Year
The tax agency again delays a vital software upgrade, at the cost of billions.
Social Security's 2025 Cost-of-Living Adjustment (COLA) Has Narrowed -- Here's How Much the Average Check Is Forecast to Rise Next Year
Social Security's upcoming cost-of-living adjustment (COLA) may offer a rare instance where history is made, but ...
The 2024 harvest moon is a supermoon and features the last lunar eclipse of the year. Here's the best time to see it Tuesday night.
September 17's full moon will be a supermoon and a harvest moon. A partial lunar eclipse will also happen the same night.
When is the next full moon? The 2 reason's this year's Harvest Moon is so unique
The time for the Harvest Moon is nearly here, and this one will be unusual for not one but two reasons. The Harvest Moon -- the full moon closest to fall equinox -- is set to rise Tuesday, Sept. 17.
State pension set to rise by £460 next year
The latest figure comes as the government faces a backlash over cutting winter fuel payments for most pensioners.