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.
Stock market today: Wall Street poised to break records after Fed's first rate cut in over 4 years
Markets on Wall Street were positioned to open at record highs Thursday after the Federal Reserve issued a bigger-than-usual interest rate cut intended to fortify a cooling labor market and prevent a recession.
Trump Says Fed's Rate Cut Was 'Political Move'
Most people thought it was going to be half of that number, which probably would have been the right thing to do," Trump said in an interview with Newsmax. The Federal Reserve on Wednesday kicked off what is expected to be a series of interest rate cuts with an unusually large half-percentage-point reduction.
Trump seizes on Fed rate cut to open new line of attack on economy
Trump attributed the rate reduction to either a "very bad" economy or to the Fed's "playing politics" to help Democrats.
Federal officials to cut interest rates by half-percent. What it means for Kentuckians
The Federal Reserve moving ahead with its first rate cut in four years on Wednesday, lowering its key interest rate by a hefty half percentage point. With the slowing labor market posing a growing risk to economic expansion,
Fed Outsized Rate Cut Draws Muted Reaction, but Calm May Not Last
One reason for the muted market reaction on a close-to-close basis has to do with how asset prices moved in the days leading up to the Fed decision, said Sonu Varghese, global mac
How the Fed rate cut is playing in Florida
The Federal Reserve on Wednesday moved forward with an aggressive rate cut that’s already recalibrating how Florida politicians talk about the economy. The decision, issued 48 days before the election,
The Fed rate cut affects the US dollar. Should international travelers worry?
Because the rate cut has been forecast for so long, it's largely already been priced into the value of the dollar in international markets. “Exchange rates tend to adjust when a
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Today’s 15- and 30-year mortgage interest rates remain unchanged at 4.990% and 5.990%
The median interest rate on a 30-year fixed-rate mortgage is 5.990% as of September 18, which is unchanged from yesterday.
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.
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Today’s 30-year mortgage interest rates remain at 5.990% while 15-year rates drop to 4.990%
The median interest rate on a 30-year fixed-rate mortgage is 5.990% as of September 16, which is unchanged from Friday.
Stock market today: Indexes close at record highs and tech soars after Fed rate cut
Indexes rallied Thursday, with tech stocks leading the Nasdaq to rise 2.5% as investors continued to digest Wednesday's jumbo ...