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  2. Here's how the Fed's rate cut today may impact your finances

    www.aol.com/heres-feds-first-rate-cut-100010725.html

    Regardless of the size, the rate cut will provide some relief to borrowers, albeit at a relatively small dose given that the current Fed funds' target stands in a range of 5.25% to 5.5%. A ...

  3. Fed officials set to cut rates for the first time in 4 years

    www.aol.com/finance/fed-officials-set-cut-rates...

    The Federal Reserve is widely expected to cut interest rates for the first time in four years Wednesday and outline the path for future rate cuts. ... 2024 at 5:00 AM. ... Federal funds rate: What ...

  4. The Federal Reserve’s latest dot plot, explained — and what ...

    www.aol.com/finance/federal-latest-dot-plot...

    The Fed's dot plot is a chart that records each Fed official's projection for the central bank's key short-term interest rate. The dot plot is updated every three months and is meant to provide ...

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

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

    The Federal Reserve signaled Wednesday it would lower interest rates two more times this year after it slashed its benchmark federal funds rate by 50 basis points to a range of 4.75%-5.0% at the ...

  6. Federal funds rate - Wikipedia

    en.wikipedia.org/wiki/Federal_funds_rate

    Federal Reserve Web Site: Federal Funds Rate Historical Data (including the current rate), Monetary Policy, and Open Market Operations; MoneyCafe.com page with Fed Funds Rate and historical chart and graph ; Historical data (since 1954) comparing the US GDP growth rate versus the US Fed Funds Rate - in the form of a chart/graph

  7. Fed interest rate decision looms in critical week for markets ...

    www.aol.com/finance/fed-interest-rate-decision...

    In June, Fed officials saw the fed funds rate peaking at 5.1% in 2024, suggesting just one 25 basis point cut to come this year. But the narrative has shifted quite considerably since that time.

  8. Monetary policy of the United States - Wikipedia

    en.wikipedia.org/wiki/Monetary_policy_of_the...

    Monetary policy works by stimulating or suppressing the overall demand for goods and services in the economy, which will tend to increase respectively diminish employment and inflation. The Federal Reserve's primary means to this end is adjusting the target for the Federal funds rate (FFR) suitably. [4]

  9. History of Federal Open Market Committee actions - Wikipedia

    en.wikipedia.org/wiki/History_of_Federal_Open...

    In an unscheduled meeting on August 17 the Fed "temporarily" reduced the spread between the primary credit rate and the federal funds rate to 50 basis points from the 100-point spread established in January 2002. Official statement, 2007-08-07, Official statement, 2007-08-10, Official statement, 2007-08-17. August 7, 2007 5.25% 6.25% 10–0