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US Fed makes aggressive rate cut
Mortgage rates drop to lowest since early February 2023 after Fed’s jumbo interest rate cut
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month. But much more housing demand will likely be unleashed onto the market after the Federal Reserve finally cut interest rates this week for the first time in four years — and signaled more rate cuts by year’s end.
How The Fed’s Interest-Rate Cuts Could Impact The Labor Market
The Fed's decision to cut interest rates by 50 basis points reflects its growing confidence in taming inflation and a renewed focus on supporting the job market.
US Fed cuts interest rate by 50 basis points, more to come
The Fed announced a cut of 50 basis points and lowered its key rate to roughly 4.8 per cent, Associated Press ( AP) reported. This is down from a two-decade high of 5.3 per cent, where it had stood for 14 months, as it struggled to curb the worst inflation streak in four decades.
18h
on MSN
Biden praises interest rate cuts, slams Trump’s economic plans in DC speech
Biden said the Federal Reserve’s decision to lower interest rates was “an important signal” that inflation has eased as he ...
1d
on MSN
Biden to take victory lap on economy after historic fed interest rate drop, White House says
The White House chief of staff recalled how Biden came into office with what he described as “a once-in-a-generation pandemic ...
2d
on MSN
Kamala Harris, Homeowners Brace for Interest Rate Decision
With the presidential election less than two months away, a drop in interest rates could be good news for the Democratic ...
11d
on MSN
Prediction: Here's What the Average Credit Card Interest Rate Will Be in 2025
The average credit card interest rate is almost certain to go down next year. But will it give consumers any relief? Find out ...
Investing
2d
Fed Interest Rate Decision
Bitcoin price today: jumps close to $63k after bumper Fed
rate
cut By Investing.com - 5 hours ago 1 Investing.com-- Bitcoin’s price jumped on Thursday after the Federal Reserve cut
interest
...
1d
US Home Sales Fell in August Despite Easing Mortgage Rates, More Homes on the Market
Sales of previously occupied U.S. homes fell in August to the slowest annual pace in nearly a year even as mortgage rates ...
1d
U.S. Existing Home Sales Slump To Ten-Month Low In August
The National Association of Realtors released a report on Thursday showing a sharp pullback by U.S. existing home sales in the month ...
1d
on MSN
Hong Kong central bank cuts interest rate, tracks Fed move
The Hong Kong Monetary Authority (HKMA) on Thursday cut its base rate charged via the overnight discount window by 50 basis ...
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