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

    www.aol.com/finance/what-does-fed-rate-cut-mean...

    The Fed also keeps an eye on the housing market, future economic projections and global developments among other factors when deciding whether to lower or increase the benchmark interest rate ...

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

    www.aol.com/federal-finally-lowering-rates-heres...

    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.

  4. 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 ...

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

    www.aol.com/finance/fed-cut-rates-wednesday-know...

    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 is about to cut rates, but here's why it may not ...

    www.aol.com/finance/fed-cut-rates-heres-why...

    The Fed’s last pre-pandemic rate-cutting cycle followed a similar pattern. Average mortgage rates peaked at nearly 5% in late 2018 but had fallen to 3.75% by the time the Fed began dropping ...

  7. Federal Reserve cuts interest rates by half-point; first rate ...

    www.aol.com/finance/federal-cuts-interest-rates...

    Wednesday's rate cut decision is expected to be the first in a series of moves to lower interest rates. Prior to the Fed's announcement, markets expected the Fed to announce further rate cuts at ...

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

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

    Federal reserve cuts interest rates by 0.5%. 04:17. The Federal Reserve said Wednesday it was lowering its key interest rate by half a percentage point, an unusually aggressive move designed to ...

  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 ...

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