Jerome Powell finally does it: Federal Reserve cuts interest rates a quarter of a percent

Federal Reserve cuts interest rates a quarter of a percent - The rate cut comes as Trump stages an unprecedented assault on independence of the Federal Reserve

The Fed cut interest rates. How quickly will you notice changes?

Savers will be getting less of a bang for their buck as the Fed drops interest rates. While financial institutions tend to be slow to lower the rates they charge borrowers, they’re quicker to drop the rates on savings accounts and certificates of deposit.

Fed cuts interest rates for 1st time in Trump's 2nd term

Five meetings and nine months have elapsed since the Fed last cut interest rates. The federal funds rate stands between 4% and 4.25%, preserving much of a sharp increase imposed in response to a pandemic-era bout of inflation.

Federal Reserve holds two-day meeting ahead of expected interest rate cut Wednesday

THE FEDERAL RESERVE IS MEETING RIGHT NOW AS IT WEIGHS A DECISION ON ITS KEY INTEREST RATE. THE FED HAS NOT CUT THE RATE SINCE THE END OF 2024. IT’S BEEN FACING PRESSURE FROM THE WHITE HOUSE AND OTHERS TO MAKE CUTS.

The Fed announces quarter-point interest rate cut. What it means for you

The Federal Reserve announced its first rate cut of the year, bringing its key interest rate down to a range of 4% to 4.25%.
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