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

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   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.

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

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   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 ...

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

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   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 ...

5. The Fed cut rates on Wednesday: What you need to know - AOL

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   The federal funds rate, also known as the base interest rate, was reduced by 50 basis points, down from a two-decade high after the Fed fought the biggest spike in inflation since the early 1980s.

6. The Fed rate cut: 5 ways lower rates will affect your wallet

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   The Federal Reserve cut its federal funds rate today. Here’s how this change can ripple through the economy and influence your finances. ... Savings interest rates today: Best accounts still ...

7. The Federal Reserve is finally lowering rates. Here's what ...

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   The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses.