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The Fed announces quarter-point interest rate cut. What it means for you

After nine months of staying on the sidelines, the Federal Reserve on Sept. 17 announced a quarter-percentage-point cut, likely the first in a series of reductions to usher in lower borrowing rates ...
Morningstar

Will the Fed's quarter-point cut really help your finances? What it means for mortgages, credit-card bills, savings rates and more.

What house hunters, job seekers, credit-card users, car shoppers and cash savers should know about the Fed's quarter-point rate cut. The first Fed cut of 2025 just arrived. Here's what it means for ...
Fast Company

Fed cut interest rates by a quarter point and expects fewer reductions in 2025

The Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next year than it previously ...
CNN

Dow plunges by more than 1,100 points after Fed projects fewer rate cuts next year

• The Federal Reserve cut interest rates by a quarter point Wednesday, but projected just two rate cuts in 2025, down from its original forecast for four. • That sent markets into a tailspin, with the ...
AOL

There’s a ‘growing risk’ Fed will have to cut interest rates by 50 basis points in December to ‘catch up’ to a sagging labor market, Oxford Economics says

Interest rate cuts will be a crystal ball. Amid a cloudy outlook, they’ll reveal either good economic fortune or a downturn. There is, however, one scenario, in which rate cuts aren’t a sign of ...
AOL

There’s a ‘growing risk’ Fed will have to cut interest rates by 50 basis points in December to ‘catch up’ to a sagging labor market, Oxford Economics says

The chances the Federal Reserve will cut interest rates by 50 basis points in December are growing, according to Oxford Economics. The June jobs report showed strong headline numbers, but the ...