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Fed officials kicked off rate cuts with a half-point reduction, confident that inflation is cooling and eager to keep the job market strong.
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The Federal Reserve opted for a bold 50-basis-point cut Wednesday. It might only save you "a couple of bucks" — for now.
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A weekly look at the most important news and moves in crypto, and what's on the horizon in digital assets.
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The Fed's aggressive 0.5-percentage point lowering of interest rates spurred a major rally.
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Dow closes lower, giving up 375-point pop after big Fed rate cut: Live updates CNBCStocks Briefly Hit Record Highs After Fed Opts For Big Interest Rate Cut—But Close Negative ForbesWall Street advances after Fed cuts rates 50 basis points ReutersStock Market Today: Dow, S&P 500, Nasdaq Fall After Fed Cuts Rates; Tesla, Microsoft, Alphabet and More Movers Barron's
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The Federal Reserve is slated to cut interest rates in its meeting Wednesday. Follow along for live updates on the Fed interest rate decision.
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The U.S. Federal Reserve made its biggest cut to the benchmark rate in 16 years on Wednesday.
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Yields on Treasury bills maturing in up to three months tumbled on Wednesday, after the Federal Reserve delivered a half-percentage-point interest-rate cut and signaled the likelihood of additional adjustments in borrowing costs.
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The Federal Reserve gave its decision on Wednesday at 2 p.m. ET.
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Improved data on borrowing costs and price growth has buoyed consumers, but it might be coming too late to significantly affect the presidential race.
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With the Fed's cut to interest rates, high-yield savings accounts won't yield quite so much. For recent homebuyers, it might also be time to think about refinancing.
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The final rate-setting meeting before the November election brought the first cut since March 2020, a move likely to prove popular for everyday Americans.
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We have a lot of cash on hand for a specific purpose, but we won't be able to live off the income if interest rates drop.
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Fed Meeting Today: Traders Brace for Interest-Rate Cut, Await Powell's Speech The Wall Street JournalThe Fed's biggest interest rate call in years happens Wednesday. Here's what to expect CNBCFed Interest Rate Cuts Coming: What They Mean For You ForbesThe Federal Reserve is on the verge of cutting interest rates. Here's what to know NPR
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