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Hosted on MSN8mon
The size of the Fed’s interest-rate cut doesn’t matter as much for your wallet as this other key decision
CORRECTION: A previous version of this story misstated the amount of monthly interest on an average credit-card balance. The Federal Reserve lowered ... form or write to us at readerstories@ ...
Breaking: Fed Minutes saw elevated uncertainty about the economic outlook
Fed officials noted, “Uncertainty around the economic outlook has increased. The Committee is attentive to the risks to both ...
Al Jazeera English6mon
US Fed cuts interest rates, Powell says won’t quit even if asked by Trump
The United States ... interest rate to the 4.5 percent to 4.75 percent range, as widely expected. The decision was unanimous. But where the Fed’s previous policy statement noted slowing ...
Morningstar10mon
A viral chart suggests a recession is coming after the Fed cuts interest rates - but don't panic yet
The chart portrayed a scary trend. The last few times that the Fed cut interest rates from their ... Friday's July jobs report showed a decrease in monthly job openings and increase in ...
Bloomberg L.P.3mon
US Inflation Tops Forecasts, Bolstering Case for Fed to Hold
US inflation picked ... chances of multiple Federal Reserve interest-rate cuts this year at the same time the Trump administration presses forward with tariffs. The monthly consumer price ...
Reuters9mon
Fed rate-cut size this month to hinge on job market health
Fed policymakers for their part have said they expect the next monthly jobs report, due out on Friday, and the August consumer price index data, to be published next week, to inform their judgment ...
BBC8mon
US goes big with first interest rate cut in four years
The US central ... the Fed to act, after using credit cards to help pay for the expansion of business making barbecue-like sauce two years ago. "My interest rates have gone up, so my monthly ...