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Fed’s historic rate cut and how it affects you
US Fed prepares for first interest rate cut in over four years ahead of 2024 presidential elections
The US Fed is expected to announce its first interest rate cut in over four years, likely debating a 25 or 50 bps reduction as inflation eases. The move comes ahead of the November 2024 presidential election,
Biden praises interest rate cuts, slams Trump’s economic plans in DC speech
Biden said the Federal Reserve’s decision to lower interest rates was “an important signal” that inflation has eased as he poked at Donald Trump’s economic policies as a failure.
How The Fed’s Interest-Rate Cuts Could Impact The Labor Market
The Fed's decision to cut interest rates by 50 basis points reflects its growing confidence in taming inflation and a renewed focus on supporting the job market.
2d
on MSN
Biden to take victory lap on economy after historic fed interest rate drop, White House says
The White House chief of staff recalled how Biden came into office with what he described as “a once-in-a-generation pandemic ...
3d
on MSN
Kamala Harris, Homeowners Brace for Interest Rate Decision
With the presidential election less than two months away, a drop in interest rates could be good news for the Democratic ...
12d
on MSN
Prediction: Here's What the Average Credit Card Interest Rate Will Be in 2025
The average credit card interest rate is almost certain to go down next year. But will it give consumers any relief? Find out ...
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.
3d
on MSN
Donald Trump Opposes Looming Interest Rate Cuts. Not All Republicans Agree.
The Fed is expected to cut interest rates on Wednesday, inserting the central bank into the teeth of a contentious election ...
2d
Hong Kong central bank cuts interest rate, tracks Fed move
The Hong Kong Monetary Authority (HKMA) on Thursday cut its base rate charged via the overnight discount window by 50 basis ...
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
Analysis-Rate Cuts Are Here, but US Stocks May Have Already Priced Them In
As the Federal Reserve kicks off a long-awaited rate cutting cycle, some investors are wary that richly valued U.S. stocks ...
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