Fed cuts interest rates by a quarter point
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The cut of a quarter-point will likely make it cheaper for average Americans to secure mortgages, pay credit card debt or finance cars.
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Federal Reserve to announce next rate decision in December meeting tomorrow. Here's what to expect.
The Federal Reserve will announce if they will cut rates again in December's meeting — their last meeting of 2025. The decision will determine whether borrowers get more relief on interest rates.
The Federal Reserve this week cut its benchmark federal-funds rate by 25 basis points, lowering the target range to 3.75 %-4.0. That move is intended to ease borrowing costs and stimulate spending in a cooling economy, but new analysis suggests consumers ...
The Federal Reserve doesn't directly set personal loan rates. But its monetary policies are designed to have a widespread effect on the U.S. economy. When the central bank makes a policy