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US Fed begins rate cut cycle

ABC on MSN · 22h

Will the Federal Reserve cut interest rates again this year?

By the end of 2024, interest rates will fall nearly another half of a percentage point from their current level of between 4.75% and 5%, according to FOMC projections. Interest rates will drop another percentage point over the course of 2025, the projections further indicated.

CBS News on MSN · 2d

Federal Reserve lowers interest rates by 0.50 percentage points in first cut since 2020

The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.

USA Today · 1d

Federal officials to cut interest rates by half-percent. What it means for Kentuckians

Some forecasters expect the Fed to cut interest rates by a quarter-point Wednesday. Most, however, expect a half-point reduction. The CME FedWatch forecast tracker favored a half-point cut by a 55-45 margin at midday. (Earlier Wednesday, forecasters rated the probability of a half-point reduction even higher.)

Federal Reserve to lower interest rates for first time in two years

The Federal Reserve is essentially claiming victory over the record inflation we've seen over the last few years and now ...

2d

Federal Reserve to lower interest rates as inflation cools; what it means for consumers

The Federal Reserve plans to cut interest rates to protect the job market as inflation cools. In it's September meeting, the ...

1d

Interest rates are finally coming down this year. Here’s what that means for 5 common investments.

Wealth Enhancement Group analyzed federal resources, including Fed research and FINRA guidance, to see what lower interest ...

2d

Weekly mortgage demand surges 14% as interest rates hit two-year low

The Federal Reserve is expected to make its first interest rate cut in four years on Wednesday, and while mortgage rates ...

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