Tag: benchmark rate
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Money market account rates today, October 26, 2024 (best account provides 5.05% APY)
Between March 2022 and July 2023, the Federal Reserve raised its benchmark rate 11 times. As a result, money market...
Asian stocks climb after Wall Street closes its record-setting week mixed
HONG KONG (AP) — Asian stocks were mostly higher on Monday, supported by key rate decisions last week from the U.S. Federal Reserve, Japan,...
The Federal Reserve is finally lowering rates. Here’s what consumers should know
NEW YORK (AP) — The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto loans,...