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  2. Fed rate cut: The biggest losers and winners after the Fed's ...

    www.aol.com/finance/fed-rate-winners-losers...

    The Federal Reserve’s Federal Open Market Committee (FOMC) delivered its second federal funds rate cut of 2024, lowering its benchmark rate by a quarter point to a range between 4.50% and 4.75%.

  3. Here's the impact of the Fed's rate cut decision today - AOL

    www.aol.com/heres-expect-feds-rate-cut-100010016...

    That brings down the federal funds rate — the interest rate banks charge each other for borrowing money — to a range of 4.5% to 4.75% from its current 4.75% to 5% level.

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

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

    For instance, the prime rate rose to 8.50% in July 2023 just as the target federal funds rate increased to a range of 5.25% to 5.50%. How soon do credit card APRs change after a Fed rate decision?

  5. Federal funds rate - Wikipedia

    en.wikipedia.org/wiki/Federal_funds_rate

    A low federal funds rate makes investments in developing countries such as China or Mexico more attractive. A high federal funds rate makes investments outside the United States less attractive. The long period of a very low federal funds rate from 2009 forward resulted in an increase in investment in developing countries.

  6. Fed Meeting Live Updates: Powell discusses latest rate cut ...

    www.aol.com/finance/november-fed-meeting-live...

    Today’s the day: The Federal Reserve is about to announce what it decided to do with interest rates at its November meeting. We already know what the Fed is likely to do: Cut interest rates by a ...

  7. Savings interest rates today: Clock's ticking on peak yields ...

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

    At the conclusion of its seventh and penultimate rate-setting policy meeting of 2024 on November 7, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 25 ...

  8. Savings interest rates today: Beat the Fed's next move with ...

    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 ...

  9. Best CD rates today: It's your final weekend to lock in up to ...

    www.aol.com/finance/best-cd-rates-today-its-your...

    At the conclusion of its sixth rate-setting policy meeting of 2024 on September 18, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 50 basis points to ...

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