The Fed May юааcutюаб юааinterestюаб юааratesюаб Hereтащs What That юааmeansюаб For You The What the first interest rate cut in 4 years means for the fed’s fight against inflation. the federal reserve cut interest rates for the first time in four years with an aggressive move that. The federal reserve cut its benchmark interest rate by an unusually large half point, a dramatic shift after more than two years of high rates helped tame inflation but that also made borrowing painfully expensive for consumers. the rate cut, the fed’s first in more than four years, reflects its new focus on bolstering the job market.
The Fed Fights Inflation Will History Repeat Itself The Concord By karl russell. fed officials predicted that they would cut interest rates to 4.4 percent by the end of the year — much lower than the 5.1 percent they had been expecting in june, when they. How the fed's interest rate reduction will impact your finances 03:00. in making its first interest rate cut in more than four years, the federal reserve went big — a decision that took some. Inflation is slowing — but so is the job market. the rate cut on wednesday comes as the annual inflation rate has fallen sharply, to 2.5% last month, from a peak of 9.1% in june 2022. Mortgage rates have already begun steadily falling in anticipation of the fed’s expected wednesday cut. according to freddie mac, the average 30 year fixed mortgage rate fell to 6.20% last week.
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