Tag: rate cuts
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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,...
Explainer-What does a Fed rate cut mean for American households?
By Lindsay Dunsmuir and Ann Saphir(Reuters) - The Federal Reserve is set to cut U.S. short-term borrowing costs on Wednesday, a watershed moment that...
Over-priced Fed rate cuts make T-bills unattractive, Federated Hermes says
By Alun JohnLONDON (Reuters) - Market expectations of substantial U.S. rate cuts this year are making short-dated debt unattractive as the Federal Reserve is...
China’s homeowners are rushing to pay off mortgages early as outlook on the economy dims
Li Wen, a human resources director at a state-owned enterprise in Nanchang, Jiangxi province, paid off an outstanding 200,000 yuan (US$28,170) on her home...
Prediction: The Federal Reserve Will Cut Rates In September, and This Ultra-High-Yield Dividend Stock Could Soar
A core theme of the economy over the last couple of years is abnormally high inflation. While politicians are often criticized or cheered for...