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  2. Fed lowers interest rates with surprising jumbo half-point cut

    www.aol.com/finance/fed-lowers-interest-rates...

    In the span of just a year and a half, the Fed hiked interest rates 11 times by the fastest pace in 40 years, bringing borrowing costs to a 23-year high of 5.25-5.5 percent. ... In Other News.

  3. Fed cuts interest rates a half point in landmark policy shift

    www.aol.com/news/federal-expected-cut-interest...

    The Federal Reserve cut its benchmark interest rate a half of a percentage point on Wednesday in a landmark decision that dials back its years-long fight against inflation and delivers relief for ...

  4. Fed cuts interest rates by half point for first time in years ...

    www.aol.com/fed-cuts-interest-rates-half...

    The Federal Reserve has broken a four-year run and cut its benchmark interest rate by half a percentage point to 4.75-5.0 percent. This significant move signals that the US central bank believes ...

  5. Fed goes big with interest rate cut in a bid to head off an ...

    www.aol.com/news/fed-expected-lower-interest...

    The federal funds rate, which acts as a benchmark for borrowing rates in the rest of the economy, will now move down to about 4.8%, the lowest level since March 2023.

  6. Fed announces big half-point interest rate cut, the first ...

    www.aol.com/news/fed-announces-big-interest-rate...

    The Fed began raising interest rates in March 2022, starting with a quarter-point increase. It jacked up rates 10 more times through July 2023, mostly in increments of half or three-quarters of a ...

  7. Fed officials set to cut rates for the first time in 4 years

    www.aol.com/finance/fed-officials-set-cut-rates...

    The Federal Reserve is widely expected to cut interest rates for the first time in four years Wednesday and outline the path for future rate cuts. Investors have been hoping for a larger half ...

  8. Fed slashes interest rates by 50 basis points as labor market ...

    www.aol.com/fed-slashes-interest-rates-50...

    The Federal Reserve cut interest rates on Wednesday for the first time since March 2020, lowering the Fed funds rate by 50 basis points as it declared the fight against inflation all but won. The ...

  9. Federal funds rate - Wikipedia

    en.wikipedia.org/wiki/Federal_funds_rate

    The federal funds rate is an important benchmark in financial markets [1] [2] and central to the conduct of monetary policy in the United States as it influences a wide range of market interest rates. [3] The effective federal funds rate (EFFR) is calculated as the effective median interest rate of overnight federal funds transactions during ...