John Egan is a veteran personal finance writer whose work has been published by outlets such as Bankrate, Experian, Newsweek Vault and Investopedia. Michael Adams is a former Cryptocurrency and ...
On Sept. 17, the Federal Reserve voted to cut the federal funds rate by 25 basis points. A basis point is one one-hundredth of a percentage point. Mortgage lenders anticipated this move; last week, ...
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Fed's First Rate Cut Of 2025 To Powell Speaking On Jobs, Tariffs, Inflation — Key Highlights
The Fed resumes its rate-cut cycle after nine months, lowering benchmark rates by 25 bps to 4%–4.25%. Median projections suggest another 50 bps cut in 2025. Policy ...
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