Latest Fed’s Interest Rate Cut – How it could impact your wallet and What you should take into account?
For the third time this year, the Federal Reserve lowered its federal funds rate as part of its final interest rate decision of 2024. As anticipated, policymakers voted 11 to 1 to reduce the central bank’s main lending rate to between 4.25 and 4.50 percent, the Fed said in a statement. The markets were caught … Read more