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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.
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.
Fed Announces Big Rate Cut
We concluded that this was the right thing for the economy and the people we serve,” the Federal Reserve chair, Jerome Powell, said, referring to the central bank’s decision to cut interest rates by half a point.
4d
on MSN
Inflation 'virtually a non-issue'; Jobs now dominate the Fed's dual mandate
The monetary policy narrative in the U.S. has undergone a rapid shift from inflation to the labor market, especially since ...
1d
on MSN
The Fed Is Finally Lowering Interest Rates. Should You Buy a CD Now?
It's been a good year to have money in a savings account or a CD. The Federal Reserve's benchmark interest rate has been at recent peak levels of 5.25%-5.50% since August of last year, which means ...
moneycontrol.com
4h
No material change in market outlook post Fed rate cut; all eyes on RBI now: MC Poll
The unanimous view was that the US
Fed
rate cut was on expected lines – hence the subdued reaction on Thursday – and the ...
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 ...
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 ...
13h
on MSN
Dow surges to record as investors celebrate Fed’s ‘recalibration’ rate cut
U.S. stocks roared higher Thursday, with the Dow Jones Industrial Average topping the 42,000 milestone for the first time ...
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 ...
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