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  2. 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 ...

  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. With the Federal ...

  4. 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 ...

  5. Federal funds rate - Wikipedia

    en.wikipedia.org/wiki/Federal_funds_rate

    The federal funds rate is an important benchmark in financial markets [1] [2] and central to the conduct of monetary policy in the United States as it influences a wide range of market interest rates. [3] The effective federal funds rate (EFFR) is calculated as the effective median interest rate of overnight federal funds transactions during ...

  6. Federal Reserve Statistical Release H.15 - Wikipedia

    en.wikipedia.org/wiki/Federal_Reserve...

    The United States Federal Reserve Statistical Release H.15 is a weekly publication (with daily updates) of the Federal Reserve System of selected market interest rates. [1] Many residential mortgage loans are indexed to the one-year treasury rate published in the H.15 release. [citation needed]

  7. Savings interest rates today: Highest yields at 5.50% APY as ...

    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 ...

  8. Savings interest rates today: Highest yields at 5.10% APY as ...

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

    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 ...

  9. 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 November 7, 2024. Accessed on November 7, 2024. National Rates and Rate Caps , FDIC.

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