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Fed set to cut interest rates
Wall Street Uncertain as The Fed Mulls How Deep to Cut Rates
Borrowing rates have already fallen in anticipation of a deeper cut in rates. The average 30-year mortgage rate dropped to 6.2% last week to the lowest level in 18 months and down from a peak of nearly 7.8%, according to the mortgage giant Freddie Mac.
Fed Interest Rate Cuts Coming: What They Mean For You
It’s less agreed upon how big of a cut the Fed will unveil, with consensus split between a 25 or 50 basis-point cut, meaning the market expects rates to settle Wednesday at 4.75% to 5% or 5% to 5.25% ranges. The Fed pivot follows the continued moderation of inflation, which caused rates to spike in the first place.
The Fed Is Cutting Interest Rates: This Is What to Expect
Consumers and businesses alike can expect lower borrowing costs, but rates on both loans and savings accounts have already moved down in anticipation.
22m
Stock market today: Indexes edge up ahead of major Fed interest rate decision
Markets are pricing in with certainty that the Fed will deliver a rate cut this afternoon, the first in over four years.
LIVE
26m
Stock market updates, Fed decision
The Federal Reserve is widely expected to cut interest rates for the first time in four years but its unclear whether ...
43m
on MSN
Burned by High Rates, 54% of Homebuyers Say Fed Is 'Politically Motivated'
Americans who took out a mortgage in the past year would like to have a word with Federal Reserve policymakers about high ...
2h
Fed interest rate cut expected and global trail behind Hezbollah pager explosions: Morning Rundown
Plus, Sean “Diddy” Combs’ legal team will be back in court this afternoon to argue, again, in favor of releasing the ...
2h
This has been Fed chair's message 'all through this time': Lee Munson
Portfolio Wealth Advisors President & CIO Lee Munson discusses the anticipated Federal Reserve rate cut decision on 'Mornings ...
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