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Biggest Fed rate cut winners 1. Stock market investors. Interest rates typically fall after federal funds rate cuts, allowing the stock market to perk up — and we’re already seeing this play ...
The Federal Reserve cut its benchmark interest rate Wednesday to between 4.25% and 4.5%. The central bank also projected two cuts next year instead of four, sending stocks tumbling.
U.S. stocks leaped to record highs Wednesday before fading after the Federal Reserve delivered an interest rate cut on the larger side of expectations, reducing its benchmark rate by 0.50 ...
Americans hoping for lower borrowing costs for homes, credit cards and cars may be disappointed after this week's Federal Reserve meeting. The Fed's policymakers are likely to signal fewer ...
Last week, the average rate on a 30-year mortgage was 7.17%, the fifth straight weekly increase, according to Freddie Mac, which tracks rates. The rate applies to consumers who put 20% down and ...
The Federal Reserve held interest rates at a 23-year high ... additional rate cuts happening in 2025. That is up from a prior forecast of three. ... returning to the Fed 2% target before cutting ...