What the fed's rate cut means right now While a rate cut of half a percentage point (aka 50 basis points) will certainly reduce borrowing costs, it's not going to provide drastic relief. Unfortunately, you shouldn't expect more than a few bucks off most loan payments each month. Credit...
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1. What is the news report mainly about? 2. When did the incident occur? Questions 3 and 4 will be based on the following news item. 参考答案: 1. B 2. C Questions 5 to 7 are based on the news report you have just heard. ...
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The Fed's rate-cutting era is in full bloom. Here's what that means for borrowers. After more than a year of keeping thefederal funds ratesteady, the Federal Reserve has begun lowering interest rates. After its September gathering, the Federal Open Market Committee (FOMC) made a much-antic...
. This is the third decrease in the last four months. The target range is now between 4.25% and 4.50%. Previously, the target was 4.50% to 4.75%. With the recent announcement, savers are likely to continue seeing dips in savings rates. 🤓Nerdy Tip The Fed lowered its benchmark rate ...
Cardillo predicts a further 25-basis-point cut in December, bringing the year's total reduction to 100 basis points. However, this view is not without contention. Institutions like Nomura suggest the Fed may pause its rate-cutting cycle, citing the risks of inflation resurgence and mixed economi...
But now that inflation has cooled, the Fed hasn't made a rate increase in over a year, and in fact is expected to begincuttingrates next month. As a result, some banks andcredit unionshave already begun lowering their CD rates. Instead of a top nationwide CD rate above 6%, today's ...