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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’s interest rate decision: What it means for you ... Savings interest rates today: Best accounts still paying out up to 5.50% APY after half-point Fed cut — Sept. 19, 2024. AOL.

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

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

    The Federal Reserve cut its federal funds rate today. Here’s how this change can ripple through the economy and influence your finances. ... Savings interest rates today: Best accounts still ...

  4. Fed cuts interest rates a half point in landmark policy shift

    www.aol.com/news/federal-expected-cut-interest...

    The Federal Reserve cut its benchmark interest rate a half of a percentage point on Wednesday in a landmark decision that dials back its years-long fight against inflation and delivers relief for ...

  5. Savings interest rates today: Last call on yields of up to 5. ...

    www.aol.com/finance/savings-interest-rates-today...

    At the conclusion of its fifth rate-setting policy meeting of 2024 on July 31, 2024, the Federal Reserve left the federal funds target interest rate at a 23-year high of 5.25% to 5.50% for an ...

  6. Federal funds rate - Wikipedia

    en.wikipedia.org/wiki/Federal_funds_rate

    The federal funds rate is an important benchmark in financial markets [1] [2] and central to the conduct of monetary policy in the United States as it influences a wide range of market interest rates. [3] The effective federal funds rate (EFFR) is calculated as the effective median interest rate of overnight federal funds transactions during ...

  7. Fed cuts interest rates by half point for first time in years ...

    www.aol.com/fed-cuts-interest-rates-half...

    The Federal Reserve has broken a four-year run and cut its benchmark interest rate by half a percentage point to 4.75-5.0 percent.. This significant move signals that the US central bank believes ...

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