Federal Reserve interest rate cuts could help those looking to buy a home
CHATTANOOGA, Tenn. — Many Americans have been waiting for this with bated breath: The US Federal Reserve lowered interest rates on Wednesday for the first time in four years. This half-percentage point cut in the federal funds rate will impact…
Why do share prices fall after an interest rate cut? This is what the experts think
The Federal Reserve gave investors exactly what they said They wanted to cut interest rates by a whopping 50 basis points on Wednesday – but that was still not enough. After a brief rise after the initial announcement, stock prices…
Federal Reserve cuts interest rates by 0.50 percentage points for the first time since 2020
The US Federal Reserve on Wednesday announced a 0.50 percentage point cut in the benchmark interest rate, the first cut in four years, and is also intended to ease borrowing costs as inflation-stricken consumers struggle with high interest rates on…
The Federal Reserve is finally cutting interest rates. What consumers should know
NEW YORK (AP) — The Federal Reserve has cut its benchmark interest rate from a 23-year high, affecting consumer and business debt, savings, auto loans, mortgages and other forms of credit. On Wednesday, the Fed announced that it had cut…
Lower mortgage rates are coming
So the Federal Reserve just cut its benchmark interest rate by 50 basis points. But what does that mean for us poor souls stuck in a real estate world that feels like purgatory? It’s pretty complicated, but what you need…
Fed cuts key interest rate by half a percentage point
WASHINGTON – The U.S. Federal Reserve on Wednesday decided on its first interest rate cut since the beginning of the Covid pandemic, lowering the key interest rate by half a percentage point to prevent a slowdown in the labor market….
The Fed is expected to cut interest rates for the first time in four years
WASHINGTON (AP) — With inflation all but under control, the Federal Reserve is set to take action Wednesday that it hasn’t taken in more than four years: cutting interest rates, a move that should lower borrowing costs for consumers and…
The Fed’s biggest interest rate meeting in years will take place on Wednesday. Here’s what you can expect
Federal Reserve Chairman Jerome Powell answers a question from a reporter during a press conference following a meeting of the Federal Open Market Committee at the William McChesney Martin Jr. Federal Reserve Board Building in Washington, DC, on July 31,…
The Fed will cut interest rates for the first time in four years. What does that mean for your money?
It’s been a long and bumpy road to the Federal Reserve’s first interest rate cut in more than four years – a moment that could be pivotal for the finances of millions of Americans. On Wednesday, the Fed is expected…
Jeremy Siegel: Fed should consider deeper rate cuts or risk recession
The entire debate about the upcoming Fed meeting revolves around whether Chairman Jay Powell will cut the key interest rate by 25 or 50 basis points. However, most economic models suggest that he will opt for the level the Fed…
