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The Fed just cut interest rates again — what that means for your money
The Federal Reserve cut borrowing costs for the second time in a row on Wednesday. The central bank’s move will have a ripple effect on many of the borrowing and savings rates consumers see every day. From credit cards and mortgage rates to auto loans and savings accounts, CNBC's Sharon Epperson gives a look at all of the ways a Fed rate cut ...
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The Federal Reserve on Wednesday approved its second straight interest rate cut, a widely expected move that came despite little recent visibility on the economy due to the government shutdown. By a 10-2 vote, the central bank’s Federal Open Market Committee lowered its benchmark overnight borrowing rate to a range of 3.75%-4%. Read more: cnb.cx/4oH4tGz | CNBC
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The Federal Reserve on Wednesday approved its second straight interest rate cut, a widely expected move that came despite little recent visibility on the economy due to the government shutdown. By a 10-2 vote, the central bank’s Federal Open Market Committee lowered its benchmark overnight borrowing rate to a range of 3.75%-4%. Read more: cnb.cx/4oH4tGz | CNBC
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