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Now that the Federal Reserve has cut its federal funds rate, rates on these borrowing products are declining further. That said, it's difficult to time interest rates with precision. As homebuyers ...

On Sept. 18, 2024, the Federal Reserve cut rates for the first time in over four years, lowering the target federal funds range by half a percentage point, or 50 basis points, to 4.75% to 5.00%.

But September brought a shift when the Federal Reserve cut rates for the first time in 2024. This helped push mortgage rates down for a short while, and more changes could be coming soon.

(Photo by Win McNamee/Getty Images) Interest rates are expected to move lower in 2025. The question is: How much lower? There are two motivations for the Federal Open Market Committee to cut rates.

A potential budget shortfall at Mid Devon District Council has almost halved ... extra income from possible council tax and business rate increases, as well as make money from garden waste ...

So we finally got a rate cut — and a supersized one at that. After the move was announced Wednesday, Federal Reserve Chair Jerome Powell said officials made that decision to keep the US economy ...

In the hours leading up to the release, prices of interest-rate futures showed the odds of a March rate cut rose as high as nearly 65%. But in the minutes after the release of the Federal Open ...

The Federal Reserve appears to be gearing up for a September rate cut. A century worth of rate-cut history shows it’s good ...

In the early 2000s, markets were just recovering from the dot-com bubble burst. “The Fed cut rates to stimulate the economy, so we saw savings account rates drop well below a 2% rate for several ...

The Federal Reserve announced a policy decision to cut interest rates by 0.5% on September 18. This decision was accompanied by FOMC member forecasts, which reflect expectations of additional Fed ...

After waiting years for interest rate cuts from the Federal Reserve, in the hopes that they would aid in lowering mortgage rates, homebuyers are now facing even higher mortgage rates. This comes ...