Fed

Fed Keeps Interest Rates Unchanged, Experts Not Surprised

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Fed Keeps Interest Rates Unchanged, Experts Not Surprised

Federal Reserve officials held up to 4.25% to 4.25% to 4.25% from 4.25% to 4.25% from 4.25% as a result of the Federal Open Market Committee (FOMC) conference. Since December, the range has declined 25 main points or 0.25%, the Fedin said the results of a decrease in the end of the year. “We will … Read more

Fed Rate Cut: Expert Explains Effect on Mortgage Rates, CDs

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Fed Rate Cut: Expert Explains Effect on Mortgage Rates, CDs

Federal Reserve officials on Wednesday cut the federal funds rate, or the rate at which banks borrow from each other, by 25 basis points, or 0.25%. The central bank’s rate-setting committee, the Federal Open Market Committee (FOMC), announced on Wednesday that the target range for the federal funds rate was 4.25% to 4.5%. Federal Reserve … Read more