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Here’s what Fed interest rate cut means for your finances
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.
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.
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 Street — is obsessing over.
22h
on MSN
OK, so there was an interest rate cut. What do I do now?
The Federal Reserve’s decision Wednesday to lower its key interest rate by half a percentage point brought some clarity to ...
23h
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 ...
3h
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
Interest Rates Fall, but Central Banks Are No Longer in Lock Step
Officials in some countries started cutting rates last year, but others, including those in Europe and the United States, ...
23h
Will Interest Rate Cuts Save Tesla? Elon Musk Is Counting On It
However, CEO Elon Musk prefers to blame a different culprit: Interest rates. Time and again, the Tesla chief has gone to ...
19h
on MSN
3 big HELOC benefits to know as interest rates drop
A home equity line of credit can be particularly advantageous for borrowers now as interest rates drop. Here's why.
1d
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 ...
1d
on MSN
CD Interest Rates Forecast: Will CD Rates Go Up In 2024?
As the Federal Reserve starts to cut rates, what's happening to interest rates on certificates of deposit (CDs)? After steady ...
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