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The Fed cut rates today for the first time in 4 years. What does that mean for your money?
The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances.
Opinion
The Fed’s Big Rate Cut Wasn’t Political. It Was an Economic No-Brainer.
But while the Fed’s action will surely have political consequences, it wasn’t a political decision. The straight economic case for a rate cut was overwhelming; the case for a big cut was very strong. Not cutting would have been political. And the Fed didn’t let itself be bullied into inaction.
US borrowers get quick relief as Fed cuts rates
U.S. consumers got an immediate reprieve on borrowing costs from banks after the Federal Reserve cut interest rates on Wednesday for the first time in more than four years. Lenders tightened lending standards last year as the commercial real estate market deteriorated and investors became broadly concerned about the potential for a U.
The U.S. dollar is weakening ahead of Fed rate cut. This will determine what happens next.
This has been corrected to reflect that the Fed moved to cut rates twice by 50 basis points and 100 basis points in March 2020. The U.S. dollar has been sliding in the run-up to a widely expected interest-rate cut from the Federal Reserve on Wednesday and,
23h
on MSN
O'Leary calls out Kamala Harris for baiting voters with unrealistic policies that would 'destroy' the economy
O'Leary Ventures Chairman Kevin O'Leary reveals what Kamala Harris' economic agenda could mean for the country, warning it ...
2d
Why Money Is Stressing 45% Of Americans Right Now
Discover why 45% of Americans are stressed about money and how understanding your financial mindset can help reduce anxiety ...
2d
on MSN
So we’re expecting a rate cut. When will we start to see a difference in the economy?
If you’ve been anxiously awaiting financial relief from the Federal Reserve, you are about to get a rude awakening.
1d
on MSN
Will Social Security Really Run Out of Money in 2035? Here's How It Could Last Decades Longer.
As the headlines say, Social Security's trust funds are expected to run out of money in 2035, based on the intermediate ...
2d
on MSN
Billionaire hedge fund manager says he would pull his money from the market if Harris wins election
Billionaire and Trump fundraiser John Paulson said Tuesday he plans to pull his money from the market and put it in cash and ...
1d
on MSN
Billionaire hedge funder John Paulson says he’ll yank his money from market if Kamala Harris wins election
The future of the American stock market and economy relies on the winner of the Nov. 5 general election, the 64-year-old ...
5d
on MSN
Your Money, Your Vote: How Harris’s and Trump’s Economic Plans Could Impact Your Finances
A podcast series that examines what the next administration’s policies would likely mean for voters’ financial futures.
2d
on MSN
America’s economic engine is still revving, despite fears of a slowdown
Spending at US retailers rose 0.1% in August from the prior month, the Commerce Department reported Tuesday. That’s a much ...
Opinion
1d
Opinion
Trump-Loving Billionaire Threatens to Pull His Money From the Market If Harris Wins the Election
John Paulson has boldly claimed Trump would be better for the middle class. He did not mention the ex-president’s pledge to ...
3d
The National Parks That Bring In The Most Money—According To A New Report
National parks visitors spent $26.4 billion in gateway regions in 2023, according to the National Park Service. But which ...
1d
Analysis-After Jumbo Fed Rate Cut, Market Hopes Ride on US Soft Landing
The Fed delivered a 50 basis point rate cut on Wednesday - lowering borrowing costs for the first time in more than four ...
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