The Federal Reserve made a huge interest rate cut in September and you may be saying what does a rate cut mean for me and my money?
The next rate decision won’t be announced until Nov. 7, but discussions are already very active about how much the Fed should cut — 25 or 50 basis points. And while a vast amount of data and debate ...
Interest rate cuts are here. Read on to learn more about one financial writer's personal strategy and see whether it's right ...
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The public's mood is still marred by nearly two years of high inflation despite the pace of price increases declining ...
Anna Moneymaker / Getty Images 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.
But Wall Street was mostly clueless this week when it came to predicting how big a rate cut the Fed would deliver on Wednesday. What made this time different? The jumbo half-point cut the Fed ...
This is why the markets didn’t significantly react when the Fed made its announcement. The decision was already built-in. The same goes for mortgage rates. As I write this, mortgage rates are ...
The unemployment rate was 4.2% in August, down from 4.3% in July, but still much higher than 3.5% in July 2023 when the Fed made its last rate hike. Credit card debt rising, while housing, other costs ...