Fed cuts interest rates by quarter point
The Federal Reserve on Thursday announced it will cut the benchmark interest rate by 25 basis points, with its second consecutive rate cut coming amid signs of cooling inflation.
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U.S. retailers raised interest rates ahead of Fed cuts; new data reveals
Between September 2023 and September 2024, U.S. retailers began making big changes to their store-branded cards, raising ...
Here’s What CD Rates Looked Like the Last Time the Fed Funds Rate Was at This Level
CD rates typically follow the direction of the federal funds rate. Though unlike the last time the fed funds rate was 4.50%-4 ...
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Despite Fed cut, mortgage rates went up in eventful week
(NerdWallet) – The Federal Reserve has cut short-term interest rates ... That line of reasoning gave mortgage rates the green ...
Will October's inflation increase slow the pace of interest rate cuts?
Inflation increased to 2.6% in October, rising modestly from the previous month, according to the Consumer Price Index (CPI) ...