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Trump listens during a farming event in rural Pennsylvania, then threatens John Deere with tariffs 21 Captivating War Movies That Will Grip and Keep Your Attention Shohei Ohtani matches The Babe ...
Yahoo Finance16d
How to maximize your interest earnings following a Fed rate cut
Here's what you can expect after a rate cut from the Fed: Loans: If you have a fixed-rate loan, nothing will change. However, if you want to take out a new mortgage or car loan, for example ...
Politico18d
Trump seizes on Fed rate cut to open new line of attack on economy
Federal Reserve Chair Jerome Powell spotlighted the strength of the economy this week as he lowered interest rates from punishingly high levels, saying the U.S. is in “good shape” and growth ...
CBS News19d
The Fed cut rates for the first time in 4 years. What does that mean for your money?
The Fed on Wednesday lowered its benchmark rate by 0.50 percentage points, a critical pivot after the central bank introduced a flurry of rate hikes to tame the pandemic's high inflation.
Wall Street Journal19d
Big Rate Cut Forces Fed to Contend With New Obstacles
Fed Chair Jerome Powell entered a new phase in his campaign to softly land the U.S. economy, lowering interest rates Wednesday with an audacious half-point cut. The move raised new questions the ...
The Hill19d
Michelle Bowman becomes first Fed governor to dissent since 2005
Michelle Bowman, a governor on the Federal Reserve Board, became the first Fed official since 2005 to vote against the central bank’s interest rate decision when she dissented Wednesday against ...
The Washington Post19d
What the Fed’s rate cut means for consumers, businesses and investors
“We had three years of extremely aggressive policy out of the Fed. We’re now pivoting toward the normalization of rates in the post-pandemic economy.” The Fed lowered rates by a half ...
The Washington Post19d
Fed cuts interest rates by a half-point, more expected this year
The benchmark rate now sits between 4.75 and 5 percent. The Fed’s September meeting is one of the most heavily anticipated of the year. Inflation has been easing toward normal levels ...
Reuters19d
What does a Fed rate cut mean for the economy and consumers?
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 ...
Forbes19d
Stocks Briefly Hit Record Highs After Fed Opts For Big Interest Rate Cut—But Close Negative
After sitting flat as traders sat on pins and needles ahead of the 2 p.m. EDT Fed release, stocks soared, with the leading indexes S&P 500 and Dow Jones Industrial Average each setting new all ...