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  2. Chicago Fed president sees rates falling at 'gradual pace ...

    www.aol.com/chicago-fed-president-sees-rates...

    Chicago Fed president Austan Goolsbee says one month of strong jobs and inflation data won't keep the Fed from cutting rates again.

  3. 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 ...

  4. For example, we went from a benchmark federal funds rate at near-zero levels to the recent peak target range of 5.25% to 5.5%, over a series of several rate hikes in 2022 and 2023.

  5. Chicago Fed president warns falling inflation and high ... - AOL

    www.aol.com/finance/chicago-fed-president-austan...

    The likes of Goldman Sachs expect a third in between, with the majority view agreeing that the Fed will bring the base rate back down to just over the 3% mark in 2025.

  6. Savings interest rates today: Highest yields of up to 5.05% ...

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

    High-yield savings rates for December 18, 2024. Today’s highest savings rates are at FDIC-insured digital banks and online accounts paying out rates of up to 5.05% APY with no minimums at ...

  7. Federal Reserve cuts its key interest rate by a quarter-point ...

    www.aol.com/federal-set-cut-interest-rates...

    Thursday’s Fed rate cut reduced its benchmark rate to about 4.6%, down from a four-decade high of 5.3%. The Fed had kept its rate that high for more than a year to fight the worst inflation ...

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