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  2. Fed cuts interest rates a half point in landmark policy shift

    www.aol.com/news/federal-expected-cut-interest...

    The Federal Reserve cut its benchmark interest rate a half of a percentage point on Wednesday in a landmark decision that dials back its years-long fight against inflation and delivers relief for ...

  3. The Fed rate cut: 5 ways lower rates will affect your wallet

    www.aol.com/finance/what-does-fed-rate-cut-mean...

    Effective federal funds rate, Federal Reserve Bank of New York. Accessed on September 17, 2024. Accessed on September 17, 2024. National Rates and Rate Caps , FDIC.

  4. Fed cuts interest rates by half point for first time in years ...

    www.aol.com/fed-cuts-interest-rates-half...

    The Federal Reserve has broken a four-year run and cut its benchmark interest rate by half a percentage point to 4.75-5.0 percent.. This significant move signals that the US central bank believes ...

  5. Fed goes big with interest rate cut in a bid to head off an ...

    www.aol.com/news/fed-expected-lower-interest...

    The federal funds rate, which acts as a benchmark for borrowing rates in the rest of the economy, will now move down to about 4.8%, the lowest level since March 2023.

  6. Federal Reserve Surprises With Hefty Interest Rate Cut - AOL

    www.aol.com/federal-surprises-hefty-interest...

    The Federal Reserve raised eyebrows Wednesday with a bigger-than-expected cut in a key interest rate, portraying the move as essentially an insurance policy against a possibly slowing economy now ...

  7. Savings interest rates today: Last call on yields of up to 5. ...

    www.aol.com/finance/savings-interest-rates-today...

    At the conclusion of its fifth rate-setting policy meeting of 2024 on July 31, 2024, the Federal Reserve left the federal funds target interest rate at a 23-year high of 5.25% to 5.50% for an ...

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