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Fed Initiates Rate Cuts
The Fed has cut its interest rate. What does that mean for consumers?
In the short term, the reduction will lead to slightly lower interest rates on mortgages, auto loans, and credit card debt.
The Fed finally cut interest rates. Here's what comes next.
This is an excerpt from the Insider Today newsletter.You can sign up for Business Insider's daily newsletter here.Go big or go home.The Federal Reserve didn't hold back when it cut interest rates for the first time in more than four years.
Fed Cuts Interest Rates For First Time In 4 Years: Here’s What It Means For You
What Do Fed Rate Cuts Do? The Fed only officially controls the federal funds rate, which determines the interest charged in overnight cash reserve transactions between banks. But
1h
on MSN
Mortgage rates drop to lowest since early February 2023 after Fed’s jumbo interest rate cut
Mortgage rates continued to decline this week, taking a little more pressure off America’s tight housing market as ...
7h
Why The Fed’s Lower Rates Will Boost Small Business Earnings
The long-anticipated cut, larger than the typical quarter-percent (25 bps) drop, was the first since the Fed started raising ...
20h
Weekly mortgage demand surges 14% as interest rates hit two-year low
The Federal Reserve is expected to make its first interest rate cut in four years on Wednesday, and while mortgage rates ...
3h
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 ...
3h
U.S. Home Sales Slipped in August Despite Falling Mortgage Rates
Sales of previously owned homes fell 2.5% from the prior month, as a recent drop in mortgage rates failed to offset home ...
3h
on MSN
August home sales drop more than expected, as prices set a new record
Sales of previously owned homes fell 2.5% in August from July, to a seasonally adjusted annualized rate of 3.86 million units ...
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Opinions
There Was Nothing Political About the Fed’s Big Interest Rate Cut
The New York Times
23h
The Fed’s interest rate cut reflects an increasingly troubled economy
MSN
19h
Fed rate cut: Vibes on the big day
moneycontrol.com
1d
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