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  2. Fed cuts interest rates for third and final time this year ...

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

    The move means officials have now slashed the Fed’s key benchmark interest rate — the federal funds rate — a full percentage point, bringing the new target rate down to 4.25-4.5 percent.

  3. Fed to hold rates steady at an unsteady moment

    www.aol.com/news/fed-hold-rates-steady-unsteady...

    After cutting the benchmark interest rate a full percentage point last year, the Fed meets on Tuesday and Wednesday with policymakers likely to keep it in the current 4.25%-to-4.50% range.

  4. Here's how the Fed's interest rate cut today could impact ...

    www.aol.com/heres-expect-feds-interest-rate...

    The Fed cut its federal funds rate — the interest rate banks charge each other for short-term loans — by 0.25 percentage points, lowered the rate to a range of 4.25% to 4.5%, down from its ...

  5. 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 ...

  6. The biggest winners and losers of today's Fed rate cut (and ...

    www.aol.com/finance/fed-rate-winners-losers...

    The Federal Reserve cut its federal funds rate by a quarter point today following a two-day policy meeting, bringing its benchmark rate to between 4.25% and 4.50%.

  7. Savings interest rates today: Get in front of the Fed's next ...

    www.aol.com/finance/savings-interest-rates-today...

    At the conclusion of its seventh and penultimate rate-setting policy meeting of 2024 on November 7, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 25 ...

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