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  2. The Wall Street economist who nailed the Fed’s ‘joyous’ rate ...

    www.aol.com/finance/wall-street-economist-nailed...

    Michael Feroli, JPMorgan's chief U.S. economist, was one of the only forecasters on Wall Street who accurately predicted the Federal Reserve's half-point rate cut on Wednesday, and he sees the ...

  3. Fed Decision Is Here: 5 Things Investors Need To Know ... - AOL

    www.aol.com/fed-decision-5-things-investors...

    It’s almost certain the Federal Reserve will cut the fed funds rate from the current 5.25%-5.5% level. This would mark the first rate cut since March 2020, when the central bank slashed rates in ...

  4. Fed 'dot plot' suggests central bank will slash interest ...

    www.aol.com/finance/fed-dot-plot-suggests...

    Next year, the majority of officials see the fed funds rate hitting 3.4%, lower than the 4.1% anticipated in its prior forecast. That suggests four additional rate cuts to come in 2025.

  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. Federal Reserve Delivers Bold 0.5% Interest Rate Cut, Signals ...

    www.aol.com/federal-delivers-bold-0-5-204720940.html

    The Federal Reserve slashed interest rates by 50 basis points Wednesday at its September Federal Open Market Committee meeting, lowering the federal funds rate to a range of 4.75% to 5%. This ...

  7. Federal funds rate - Wikipedia

    en.wikipedia.org/wiki/Federal_funds_rate

    A low federal funds rate makes investments in developing countries such as China or Mexico more attractive. A high federal funds rate makes investments outside the United States less attractive. The long period of a very low federal funds rate from 2009 forward resulted in an increase in investment in developing countries.