Federal officials to cut interest rates by half-percent. What it means for Kentuckians
Some forecasters expect the Fed to cut interest rates by a quarter-point Wednesday. Most, however, expect a half-point reduction. The CME FedWatch forecast tracker favored a half-point cut by a 55-45 margin at midday. (Earlier Wednesday, forecasters rated the probability of a half-point reduction even higher.)
The federal funds rate is the interest banks charge each other for overnight loans. Set by the Federal Reserve, it's a basis ...
Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the ...
Austin American-Statesman on MSN17h
Fed cut interest rates for first time in 4 years. See how much and what that meansThe Federal Reserve lowered its key interest rate by a hefty half percentage point Wednesday, moving ahead with its ...
The Federal Reserve granted the market its wish and lowered its benchmark federal funds rate by 50 basis points.
The Federal Reserve just cut interest rates by 50 basis points, citing cooling inflation and signs of economic slowdown. This ...
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