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Fed cuts interest rate by half a percentage point
Mortgage rates went up right after the Fed cut interest rates. Here’s why.
Mortgage rates inched up even though the Federal Reserve cut interest rates. Experts explain why this is a short-lived phenomenon.
Fed Cuts Rates by Half Percentage Point
The central bank’s decision brings the benchmark federal-funds rate to a range between 4.75% and 5% and follows an all-out fight against inflation launched two years ago.
Fed cuts interest rates by a half-point, more expected this year
The Federal Reserve is slated to cut interest rates in its meeting Wednesday. Follow along for live updates on the Fed interest rate decision.
15h
After Fed Cuts Rates, Biden Claims Credit for Economy’s Strength
The president’s speech on Thursday won’t be a “victory lap,” officials said, but it will celebrate falling inflation and ...
1d
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 ...
17h
on MSN
U.S. Home Sales Surprise Fall in August Despite Easing Mortgage Rates
Sales decreased 2.5% month on month to a 3.86 million according to a report from the National Association of Realtors ...
19h
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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Opinions
There Was Nothing Political About the Fed’s Big Interest Rate Cut
The New York Times
1d
Fed rate cut: Vibes on the big day
moneycontrol.com
2d
The Fed’s interest rate cut reflects an increasingly troubled economy
MSN
1d
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