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Fed’s 1st rate cut in 4 years
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.
Fed goes with half-point interest rate cut. What that means.
If the Fed cuts interest rates today, borrowers will likely see interest rates ease off their peaks on things like credit cards and auto loans.
1h
on MSN
3 big HELOC benefits to know as interest rates drop
A home equity line of credit can be particularly advantageous for borrowers now as interest rates drop. Here's why.
6h
Will a Jumbo Interest Rate Cut Be Followed by a Recession? It's Happened Before
The Federal Reserve began what will likely be a campaign of interest rate cuts Wednesday by cutting its influential federal ...
5h
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, ...
21h
on MSN
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 ...
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.
6h
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 ...
1d
on MSN
What does the Fed interest rate cut mean for mortgages and homebuyers?
Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the ...
4h
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 ...
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