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Nobody knows for sure where interest rates will head next. But here's what the policymakers and stock market are telling us. Here Are the Latest Interest Rate Predictions for 2024 -- And What They ...
At the conclusion of its eighth and final rate-setting policy meeting of the year on December 18, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 25 ...
Every three months, the Fed also releases the dot plot -- a chart with each official's interest rate projections. Based on September's dot plot, rates will continue to drop in 2025.
High-yield savings account interest rates climbed from a low of about 0.30% during the pandemic to a whopping 5.00% APY as the government fought to ease inflation. Over the last few years, though ...
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Since 2.5% isn't so far off from the Fed's 2% target, the central bank opted for a larger rate cut in September than a smaller one. The Fed could've lowered its benchmark interest rate by a ...