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US Fed begins rate cut cycle
BofA now expects Fed to go for 75-bp cut in Q4 after bumper rate reduction
BofA Global Research raised its forecast for the Federal Reserve's anticipated interest rate cuts for the remainder of this year to 75 basis points, after the U.S. central bank kicked off a widely expected series of reductions on Wednesday.
Here’s where you can still score a 6% APY, and higher, on your savings – as the Fed cuts rates for the first time in 4 years
After years of rate hikes in its effort to tame rising inflation, the central bank has elected to do something it hasn’t done since 2020: make a cut. While on one hand the Feds
The Fed cut rates today for the first time in 4 years. What does that mean for your money?
The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances.
21h
Fed sees higher 'terminal' rate, reached sooner
Beyond the immediate headlines generated by the Fed's 50 basis point interest rate cut, it is policymakers' revised outlook ...
16h
on MSN
What does the Fed interest rate cut mean for mortgages and homebuyers?
Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the ...
Opinion
3d
Opinion
The Fed Should Go Big Now. I Think It Will.
But this time around, I think they will be.
2h
U.S. Jobless Benefits Applications Now Lowest in Four Months
Despite these challenges, the latest report offers some optimism. The four-week average of claims, which smooths out weekly ...
19h
on MSN
Stock market today: Dow surges 462 points as stocks rally after jumbo Fed rate cut
Indexes rose Thursday as investors digested Wednesday's jumbo rate cut from the Fed and a fall in weekly jobless claims.
13h
on MSN
Dow hits 42,000 for first time in Fed fueled run
Investors celebrated the Federal Reserve's super-sized interest rate cut and what is likely the start of a long-time coming ...
1d
on MSN
Smith: The Fed should be more measured now instead of making a big, bold move
Wells Fargo Advisors' Mark Smith says he doesn't see the need for a 50 basis point rate cut based on the economic data, and ...
Opinion
2d
Opinion
Paul Krugman: ‘We Beat Inflation.’ Here’s What the Fed Should Do Now.
The economist and New York Times Opinion columnist Paul Krugman makes the case for aggressive rate cuts by the Federal ...
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