If you own a home or hope to buy one soon, what does the Fed’s interest rate cut mean for you?
Over the past few years, elevated mortgage rates and sky-high housing prices have contributed to a lack of home affordability.
Home Depot and Lowe's are already seeing the first of many likely benefits from the Fed's rate cut
Share prices for Home Depot and Lowe's are riding high following the Fed's interest rate cut, which is likely to spur home improvement spending.
Biden expects Fed to continue cutting interest rates
U.S. President Joe Biden said on Thursday he expects the Federal Reserve to continue cutting interest rates and vowed that his administration would keep working to lower costs for Americans. Biden use
Biden says Fed made 'declaration of progress' with interest rate cut
President Joe Biden said Thursday the Federal Reserve's decision to lower interest rates was “an important signal” that inflation has eased as he poked at Donald Trump's economic policies as a failure in the past and sure to “fail again” if revived.
The Fed just announced a jumbo-sized interest rate cut
The Federal Reserve slashed interest rates aggressively Wednesday, announcing the first rate cut since March 2020.
Watch: Biden delivers verdict on interest rates after Fed cut
Watch as Joe Biden delivered remarks at the Economic Club of Washington in DC on Thursday, 19 September, after the Federal Reserve broke a four-year run and cut its benchmark interest rate by half a percentage point to 4.
The Federal Reserve’s latest dot plot, explained – and what it says about interest rates cuts
The Fed’s dot plot is a chart that records each Fed official’s projection for the central bank’s key short-term interest rate. The dot plot is updated every three months and is meant to provide insight into the Fed’s future rate decisions,
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