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Fed’s historic rate cut and how it affects you
Will the Federal Reserve cut interest rates again this year?
By the end of 2024, interest rates will fall nearly another half of a percentage point from their current level of between 4.75% and 5%, according to FOMC projections. Interest rates will drop another percentage point over the course of 2025, the projections further indicated.
After The Fed Rate Cut: Soft Landing Checklist
The reaction to the rate cut has been positive across the soft landing checklist. Odds of avoiding recession are higher following Chair Powell's aggressive start.
Federal Reserve lowers interest rates by 0.50 percentage points in first cut since 2020
The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.
2d
The Fed surprised many investors with a jumbo rate cut this week. It won’t get much easier to predict the next move
Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in ...
11h
Where Is Walter Williams As The Fed ‘Lowers’ Rates 50 Basis Points?
Economists with their cheerleading of Fed price controls are like the drunk doctor at the party grabbing women where they ...
2d
on MSN
Fed's rate cut sends stocks to record highs. Where are markets headed from here?
The S&P 500 and the Dow vaulted to record highs one day after the rate cut. Stocks rallied to record highs this week in the ...
1d
on MSN
The Fed's bold move on interest rates has ripple effects, plus GM makes a bold move, too
The week in markets started with the Federal Reserve cutting interest rates by more than most economists expected.
1d
Bitcoin's volatility intensifies as Fed slashes interest rates ahead of 2024 election
Despite short-term fluctuations, Packham remains optimistic about bitcoin’s long-term outlook. "Bitcoin has a habit of ...
2d
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 ...
2d
on MSN
Fed’s Waller Says Slowing Inflation Led Him to Support Large Rate Cut
Federal Reserve Governor Christopher Waller said favorable inflation data, and not worries about the labor market, are what ...
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