Tag: interest rate
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When the Fed lowers rates, how does it impact stocks?
On Sept. 18, 2024, the Federal Open Market Committee (FOMC) lowered its benchmark interest rate by 50 basis points or...
The bond market is selling off after traders got their Fed forecasts wrong
Bonds have sold off as traders reassess the path of Fed Reserve rate cuts. ...
Should You Buy New York Community Bancorp While It’s Below $13?
Last month, the Federal Reserve reduced its benchmark interest rate by 50 basis points. It was the Fed's first interest rate cut since the...
I’m a Retired Boomer: Here Are 3 Debts You Should Definitely Pay Off Before Retirement
According to a 2023 Experian report, the average individual consumer owes $104,215. This includes all types of consumer debt, including credit cards, student loans,...
Why JPMorgan Chase, Bank of America, and Wells Fargo Are Trading Higher
Shares of major U.S. bank stocks zoomed higher today after the market was receptive to third-quarter earnings reports this morning that showed bank earnings...