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2. Fed lowers interest rates with surprising jumbo half-point cut

   www.aol.com/finance/fed-lowers-interest-rates...

   The Fed was behind the curve when raising interest rates to corral inflation and the lesson appears to have been learned. By making a larger half-point interest rate cut right from the get-go, the ...

3. The Fed rate cut: 5 ways lower rates will affect your wallet

   www.aol.com/finance/what-does-fed-rate-cut-mean...

   For example, if you opened a two-year CD at 4.50% APY in January 2024, it would continue to earn that rate until January 2026, regardless of how many times the Federal Reserve changes rates within ...

4. The average 401(k) balance by age - AOL

   www.aol.com/finance/average-401-k-balance-age...

   Consistent contributors to retirement plans, ... during the bear market of 2022 and interest rate hikes by the Federal Reserve. Average 401(k) plan balances reached $ ... interest rates today: Yes ...

5. Federal Employees Retirement System - Wikipedia

   en.wikipedia.org/wiki/Federal_Employees...

   Federal Employees Retirement System. The Federal Employees' Retirement System (FERS) is the retirement system for employees within the United States civil service. FERS [1] became effective January 1, 1987, to replace the Civil Service Retirement System (CSRS) and to conform federal retirement plans in line with those in the private sector. [2]

6. The Federal Reserve is finally lowering rates. Here's what ...

   www.aol.com/federal-finally-lowering-rates-heres...

   On Wednesday, the Fed announced that it reduced its key rate by an unusually large half-percentage point, to between 4.75 and 5 percent, the first rate cut in more than four years. The central ...

7. United States policy responses to the Great Recession

   en.wikipedia.org/wiki/United_States_policy...

   In an effort to increase available funds for commercial banks and lower the fed funds rate, on September 29, 2008, the U.S. Federal Reserve announced plans to double its Term Auction Facility to $300 billion (~$417 billion in 2023). Because there appeared to be a shortage of U.S. dollars in Europe at that time, the Federal Reserve also ...