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

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

   The Fed’s new median rate projection for 2024 signals just one rate cut. After the Federal Reserve’s latest interest rate decision, you may be tempted to try and start connecting some dots.

3. Fed lowers interest rates with surprising jumbo half-point cut

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

   The Fed’s new projections also revealed that policymakers expect the unemployment rate to hit 4.4 percent by the end of 2024, up from their original estimate of 4 percent.

4. Bankrate’s Interest Rate Forecast for 2024: Mortgages, credit ...

   www.aol.com/finance/bankrate-interest-rate...

   The Federal Reserve is likely going to cut rates only twice this year, as inflation takes longer to slow than U.S. central bankers currently think, according to the 2024 interest rate forecast ...

5. A new era of easy money dawns as Fed nears first rate cut ...

   www.aol.com/finance/era-easy-money-dawns-fed...

   Its benchmark rate is currently at 5.25% to 5.5%, a 23-year high. The central bank's new era of easy money is expected to last through 2025 and 2026. That shift will ripple through the US economy ...

6. Savings interest rates today: Highest yields at 5.50% APY as ...

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

   At the conclusion of its fifth rate-setting policy meeting of 2024 on July 31, 2024, the Federal Reserve left the federal funds target interest rate at a 23-year high of 5.25% to 5.50% for an ...

7. What Is the Federal Funds Rate? See the Current Rate, How It ...

   www.aol.com/federal-interest-rates-ve-changed...

   As of Aug. 9, the FOMC’s target federal funds rate range is 5.25% to 5.50%. The effective federal funds rate at which banks make overnight loans is 5.33%.