Tag: the Federal Reserve
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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,...
Bank of America Takes a Bullish Stance on These 2 Stocks
The Federal Reserve’s FOMC committee will meet today, and with the pace of inflation down to an annualized rate of 2.5%, the conventional wisdom...
JPMorgan’s Jamie Dimon downplays Fed rate cuts: ‘It’s a minor thing’
JPMorgan Chase CEO (JPM) Jamie Dimon is one big Wall Street figure who isn't that concerned about what the Federal Reserve does at the...
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...
5 ways the Fed’s rate cuts will affect workers and consumers
The Federal Reserve is widely expected to start cutting interest rates this week, marking an inflection point in the economy.The move is expected to have...