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8 hours ago · What Does the Rate Cut Mean for Me? By. Imani Moise. , Personal Economics Reporter. The Fed’s rate cut will touch every corner of our financial lives, from the cost of borrowing money to buy a ...
2 days ago · Jeanna Smialek, a reporter covering the Federal Reserve and the U.S. economy for The New York Times, explains what the half-percentage-point cut could mean for the economy, politics and you.
- 3 min
- Jeanna Smialek, Karen Hanley, Claire Hogan,James Surdam
1 day ago · The Fed, after 5.25 percentage points of increases between March 2022 and July 2023, lowered its key rate to 4.75%-5.00% to address rising worries about the cooling labor market. Financial markets ...
2 days ago · FED RATE CUT & PORTFOLIO IMPLICATIONS. The Federal Reserve cut policy rates by 50 basis points at its September meeting, bringing the fed funds rate to a range of 4.75%-5.0% and ending the central bank’s 14-month pause period. The widely expected decision officially kicks off the easing cycle and marks an inflection point for capital markets.
1 day ago · Feds cut interest rate for first time since 2020. Here’s what that could mean for your wallet. 02:45 It's been a long and bumpy road to the Federal Reserve's first interest rate cut in more than ...
3 days ago · For the many people outside of the US invested in the US stock market, a cut is also likely good news. Lower interest rates tend to boost stock prices for two reasons. First, it means companies ...
4 days ago · That means they might not fall immediately after a Wednesday rate cut. “They could technically go up the day that the Fed announces,” Rogge said. But there are plenty of loans that will drop ...