Fed is expected to cut rates
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They’ve already come down in anticipation. But what Chair Powell says during the press conference could shed light on whether they’ll continue to fall.
Miran was the only FOMC member who dissented on Wednesday in favor of a half-percentage-point rate cut, and Powell said that option wasn’t widely entertained at this week’s meeting. “There wasn't widespread support at all for a 50-basis-point cut this week,
The Federal Reserve just cut interest rates. Lock in today's CD rates before they disappear, or move to an HYSA for flexibility.
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