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Fed Cuts Interest Rates For First Time In 4 Years: Here’s What It Means For You
What Do Fed Rate Cuts Do? The Fed only officially controls the federal funds rate, which determines the interest charged in overnight cash reserve transactions between banks. But
Here’s where you can still score a 6% APY, and higher, on your savings – as the Fed cuts rates for the first time in 4 years
After years of rate hikes in its effort to tame rising inflation, the central bank has elected to do something it hasn’t done since 2020: make a cut. While on one hand the Feds
Fed Cuts Rates by Half Point in Decisive Bid to Defend Economy
The Federal Reserve lowered its benchmark interest rate by a half percentage point Wednesday, an aggressive start to a policy shift aimed at bolstering the US labor market.
3d
Florida Amendment 4 in simple terms, and what are Florida’s abortion laws?
This November, voters will have the chance to keep the 6-week abortion ban enacted this year in Florida or expand it to 23-24 ...
12h
4 Things Investors Must Know About AI
The pace of transformation that generative AI is driving is unlike any other technology seen before. Below, I dig into the ...
The Raw Story
12d
78-year-old Trump — running for 4-year term — suggests 80-year-olds can't sign documents
Donald Trump on Saturday suggested that people in their 80s are too old to be able to be held accountable for documents they ...
2d
on MSN
Wall Street On Edge As Traders Look Forward To Fed's First Rate Cut In 4.5 Years: Strategist Says This Will Dictate How Stocks Perform Longer Term
larger declines than the average maximum drawdown for all years since 1974 of 14.
4
%, he added. “How the economy holds up ...
Markets Insider on MSN
1d
4 charts show why Wall Street's most bullish strategist expects the stock market to triple by 2030
"This would be the third time that stocks entered a cycle where annual returns compound at high teens," Fundstrat's Tom Lee ...
Austin American-Statesman on MSN
20h
Fed cut interest rates for first time in 4 years. See how much and what that means
Now, its benchmark ranges from
4
.75% to 5%. Policymakers also have forecasted four more ... Fed’s rate changes influence ...
4d
Savers warned as longer-term fixed rates dip below 4% for first time in months
The average longer-term fixed bond rate on the market fell to 3.99% at the start of September, down from 4.13% in early ...
radaronline
10d
Biden's Astonishing Vacation Total Revealed — Prez Took 48 Years Worth of Leave in 4-Year Term
President Joe Biden faced backlash after he was spotted on yet another vacation. Since taking office nearly four years ago, ...
4d
on MSN
Longer-term fixed savings rates dipped below 4% in September, says Moneyfacts
Savers should consider checking that their accounts are still paying a competitive return, Moneyfacts suggested.
1d
BlackRock Science And Technology Term Trust Q2 2024 Commentary
During the quarter, the Trust increased its exposure to the semiconductors sub-sector while sourcing capital from software.
1d
on MSN
Dollar and stocks gain as Fed charts soft landing
The dollar bounced, long-dated bond yields were up and Asian stocks surged after the Federal Reserve announced a ...
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