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Introducing Bankrate’s live blog. Since its inception in 1976, Bankrate has been the top source for information on interest rates and the Federal Reserve.
The Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next year than it ...
The Federal Reserve announced a third rate cut today, but also cautioned it expects fewer cuts in 2025. ... new APR rates on credit cards have declined to 24.43% from 24.92% in September ...
The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high inflation that had angered Americans and helped drive Donald Trump’s ...
Federal Reserve officials at their meeting Dec. 17-18 expected to dial back the pace of interest rate cuts this year in the face of persistently elevated inflation and the threat of widespread ...
Federal Reserve governor Lisa Cook said Monday it makes sense to lower interest rates more gradually given resilience in the job market and stickier-than-expected inflation, the latest central ...
Wall Street's main indexes were subdued in choppy trading on Wednesday, as investors anticipated an interest rate cut from the Federal Reserve in its final meeting of the year and awaited clues on ...
The labor market added 254,000 payrolls in September, more than the 150,000 expected by economists, according to the latest released employment data. The unemployment rate also fell to 4.1% from 4 ...