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  2. 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 ...

  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. 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%.

  5. This Fed rate cut: 5 ways lower rates affect how you ... - AOL

    www.aol.com/finance/what-does-fed-rate-cut-mean...

    Effective federal funds rate, Federal Reserve Bank of New York. Accessed on December 18, 2024. Accessed on December 18, 2024. National Rates and Rate Caps , FDIC.

  6. Here's the impact of the Fed's rate cut decision today - AOL

    www.aol.com/heres-expect-feds-rate-cut-100010016...

    That brings down the federal funds rate — the interest rate banks charge each other for borrowing money — to a range of 4.5% to 4.75% from its current 4.75% to 5% level.

  7. Best CD rates today: Final hours to secure up to 4.52% APY ...

    www.aol.com/finance/best-cd-rates-today-final...

    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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