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Fed cuts interest rate by a half-point
OK, so there was an interest rate cut. What do I do now?
The Federal Reserve’s decision Wednesday to lower its key interest rate by half a percentage point brought some clarity to the country’s top financial decision-makers, sending stocks surging to all-time highs and finally quieting the “will they,
Will the Federal Reserve cut interest rates again this year?
By the end of 2024, interest rates will fall nearly another half of a percentage point from their current level of between 4.75% and 5%, according to FOMC projections. Interest rates will drop another percentage point over the course of 2025, the projections further indicated.
If you own a home or hope to buy one soon, what does the Fed’s interest rate cut mean for you?
Over the past few years, elevated mortgage rates and sky-high housing prices have contributed to a lack of home affordability.
1d
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.
18h
on MSN
Should you buy gold bars and coins as interest rates fall?
Interest rates are falling and could fall again in the months to come. That was the big economic news this week after the ...
7h
on MSN
How Five Wall Street Investors Will Trade Falling Interest Rates
The world of 5% yields is ending.
2h
Will Interest Rate Cuts Save Tesla? Elon Musk Is Counting On It
However, CEO Elon Musk prefers to blame a different culprit: Interest rates. Time and again, the Tesla chief has gone to ...
43m
Will mortgage interest rates fall further in September?
In short, it's unlikely that mortgage interest rates will fall much further in September, even if that doesn't mean that you ...
17h
Trump suggests capping annual credit card interest rates at 10% — but critics fear ‘price controls’
Former President Donald Trump floated limiting annual credit card interest rates to a maximum of 10% during a campaign stop ...
2h
The Fed Just Slashed Interest Rates. Do This With Your Savings Immediately
The Fed's interest rate cuts have the potential to be great news for consumers. When the Fed lowers the federal funds rate, ...
22h
on MSN
CD Interest Rates Forecast: Will CD Rates Go Up In 2024?
As the Federal Reserve starts to cut rates, what's happening to interest rates on certificates of deposit (CDs)? After steady ...
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