16d ago (edited) in market talk
Second Rate cut this year!
Federal funds rate just cut by 25 pts or .25% down from earlier this years high was 5 - 5.50%
now with this cut 4.5 - 4.75%
If you were planing to buy a house or get any large loans the interest rate will be lower. There may even be one more cut early next year if the inflation isn’t balanced.
See the previous rate cut here
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Second Rate cut this year!
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