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Fed, rate cut
Fed's Kashkari says 50 basis points rate cut was 'right decision'
Federal Reserve Bank of Minneapolis President Neel Kashkari on Monday said he supported the U.S. central bank's recent interest rate cut, calling it the "right decision" in light of substantial progress on inflation and the risk of an increase in unemployment.
Fed officials leave door open to another large interest-rate cut
A handful of Federal Reserve officials on Monday left open the door to additional large interest-rate cuts, noting that current rates still weigh heavily on the US economy.
Here are the credit products already cheaper after the Fed's rate cut
The Fed's rate reduction, its first since March 2020, could help people in the market for a home or automobile purchase by making it more affordable to take out a mortgage or car
15h
on MSN
We finally got a rate cut. Here’s what history says will happen next
So we finally got a rate cut — and a supersized one at that. After the move was announced Wednesday, Federal Reserve Chair ...
18h
Oil edges higher US interest rate cut counters weak demand
Oil prices rose slightly on Monday after last week's cut to U.S. interest rates and a dip in U.S. crude supply in the ...
11h
on MSN
What's the mortgage interest rate forecast for October 2024?
Currently, the Mortgage Bankers Association predicts a 6.5% average mortgage rate by the end of the year (though that ...
3d
The Fed surprised many investors with a jumbo rate cut this week. It won’t get much easier to predict the next move
Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in ...
12h
on MSN
Following Fed Rate Cut, Attention Turns to Fresh Data as Polls Shows Economy Boosting Kamala Harris
The Fed’s larger-than-expected half-point cut sent markets soaring and should send consumer borrowing rates down, providing a ...
2d
on MSN
Jamie Dimon: Only 5% of everyday Americans probably know about the Fed’s historic interest-rate cut
JPMorgan Chase CEO Jamie Dimon suggests the half-point interest-rate cut is “a minor thing” that Wall Street — not Main ...
2d
Why Schwab Won't Benefit From Interest Rate Cuts
Not every company is better off with lower interest rates in this particular economic environment, however. Brokerage firm ...
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