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Your guide to the federal funds rate
The federal funds rate, which is set by the Federal Reserve, is the target range at which banks borrow and lend money to one another overnight. But it impacts much more than just those banks ...
Fed unveils oversized rate cut as it gains 'greater confidence' about inflation
U.S. stocks gained following the release of the statement and updated quarterly economic projections before reversing course ...
Fed cuts key interest rate half a point as inflation eases. Will borrowers get a break?
The Federal Reserve cut its key interest rates half a percentage point Wednesday, a strong move that reverses two years of ...
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A history of the federal funds rate
As of September 2024, the federal funds rate is at a target range of between 4.75% and 5%. When the federal funds rate increases, borrowing money becomes more expensive for banks, and ...
Which path will the Fed take to ease monetary policy?
There is little historical experience to guide policymakers or investors, because the current economic cycle is like no other ...
Fed to cut rates by 25bps in Nov and Dec, approach neutral level sooner
The U.S. Federal Reserve will cut the federal funds rate by 25 basis points in both November and December, according to a strong majority of over 100 economists in a snap Reuters poll.
Fed Chair Powell says interest rate cut made to maintain strong U.S. economy
Federal Reserve Chair Jerome Powell said during a Wednesday press conference that the first interest rate cut since 2020 is ...
Automotive News2d
Half-point Fed rate cut could spur consumer demand at auto dealerships
Car dealerships might see higher demand from consumers following the Federal Reserve's decision Sept. 18 to cut its benchmark ...