BIRMINGHAM, Ala. (WBRC) - The recent interest rate cut is the first one since 2020. Financial experts say this will likely make it easier for people to spend more freely, and there may be more cuts.
The Fed announced the first interest rate cut since the onset of the Covid-19 pandemic in 2020. And it was a big one. Here's what it means for you.
President Joe Biden is celebrating the Federal Reserve’s decision to lower interest rates by saying it shows that inflation ...
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See Interest Rates Over the Last 100 Years. Find out how history affects today's rates and what it means for you.
The Federal Reserve announced a major 50 basis point rate cut Wednesday—its first rate reduction cut since the pandemic.
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In the short term, the reduction will lead to slightly lower interest rates on mortgages, auto loans, and credit card debt.