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Fed’s 1st rate cut in 4 years
An Interest Rate Cut
That’s because rate cuts tend to help the party in power. Lower interest rates boost the economy by making it cheaper for people to borrow money to buy a house or start a business. And while the full benefits take time, cutting borrowing costs can shift America’s economic vibe quickly.
Fed goes with half-point interest rate cut. What that means.
In the end, the Fed decided to go big. The Federal Reserve lowered its key interest rate by a hefty half percentage point Wednesday, moving ahead with its first rate cut in four years and cheering markets that expected an emphatic move amid a softening jobs picture.
The Fed's interest-rate cut put Trump even more at odds with the central bank
Donald Trump has argued that the Fed would only cut interest rates close to the election to help his political opponents.
13h
on MSN
Jamie Dimon: Only 5% of everyday Americans probably know about the Fed’s historic interest-rate cut
JPMorgan Chase CEO Jamie Dimon suggests the half-point interest-rate cut is “a minor thing” that Wall Street — not Main ...
1d
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 ...
2d
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.
2d
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 ...
12h
4 expert tips on making the most of your cash after the first interest rate cut in 4 years
Now that the Fed cut interest rates, you might want to make some changes to keep building wealth. Start looking at CDs and ...
1d
Dow finishes week in record territory following Fed's interest rate cut
Spurred on by the Federal Reserve Board's half-point cut in interest rates, the stock market closed out a buoyant week on ...
1d
on MSN
The Fed decision’s lone dissenter worries the bigger rate cut sends a ‘premature victory’ message to markets
The only Federal Reserve official to dissent from the central bank’s aggressive half-point interest-rate cut earlier this ...
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Opinions
The Fed’s Big Rate Cut Wasn’t Political. It Was an Economic No-Brainer.
The New York Times
1d
Pop the Champagne for the Fed Rate Cut and a Soft Landing Ahead
MSN
3d
Fed rate cut: Vibes on the big day
moneycontrol.com
3d
Related topics
Fed
Donald Trump
Joe Biden
Kamala Harris
Wall Street
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