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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. The Fed cut rates on Wednesday: What you need to know - AOL

    www.aol.com/finance/fed-cut-rates-wednesday-know...

    The federal funds rate, also known as the base interest rate, was reduced by 50 basis points, down from a two-decade high after the Fed fought the biggest spike in inflation since the early 1980s.

  5. Fed goes big with interest rate cut in a bid to head off an ...

    www.aol.com/news/fed-expected-lower-interest...

    The federal funds rate, which acts as a benchmark for borrowing rates in the rest of the economy, will now move down to about 4.8%, the lowest level since March 2023.

  6. What The Fed’s Interest Rate Cut Means For Green Energy - AOL

    www.aol.com/fed-interest-rate-cut-means...

    In an aerial view, the Kayenta Solar Plant is seen on June 23, 2024, in Kayenta, Arizona. The Federal Reserve’s decision Wednesday to start cutting interest rates could bolster green energy ...

  7. 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 ...

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