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2. What Is the Current Prime Rate and How Does It Affect You? - AOL

   www.aol.com/current-prime-rate-does-affect...

   The current prime rate is 7.75%, up from 7.50% in December. It went into effect Feb. 2, 2023. This is the eighth time that the Federal Reserve has increased the prime rate since it began its most ...

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

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

   The 30-year fixed-rate mortgage has risen every week since the Fed cut interest rates on Sept. 18, jumping from 6.2 percent to 7 percent in the week that ended on Nov. 7, according to Bankrate data.

4. Here's how the Fed's rate cut today may impact your finances

   www.aol.com/heres-feds-first-rate-cut-100010725.html

   That was the big debate among economists ahead of Wednesday's announcement, with some predicting that the Fed would shave its benchmark rate by 0.25 percentage points — the Fed's standard ...

5. U.S. prime rate - Wikipedia

   en.wikipedia.org/wiki/U.S._Prime_Rate

   The U.S. prime rate is in principle the interest rate at which a supermajority (3/4ths) of American banking institutions grant loans to their most creditworthy corporate clients. [1] As such, it serves as the de facto floor for private-sector lending, and is the baseline from which common "consumer" interest rates are set (e.g. credit card rates).

6. Here's how the Fed's interest rate cut today could impact ...

   www.aol.com/heres-expect-feds-interest-rate...

   The Fed cut its federal funds rate — the interest rate banks charge each other for short-term loans — by 0.25 percentage points, lowered the rate to a range of 4.25% to 4.5%, down from its ...

7. Stock market today: Wall Street drifts ahead of the Federal ...

   lite.aol.com/pf/story/0001/20241218/2b868351d485...

   The big question is how much more the Fed will cut in 2025, and the hope is that Fed Chair Jerome Powell may give some signals in his press conference following the announcement on interest rates. Fed officials will also unveil projections for where they see interest rates and the economy heading in upcoming years.