The Federal Reserve cuts interest rates by a quarter point after election. Here's what that means for you

Biztoc.com - 7 November 2024

The Federal Reserve cuts interest rates by a quarter point after election. Here's what that means for you

The Federal Reserve announced it will lower its benchmark rate by a quarter point, or 25 basis points, days after President-elect Donald Trump won the 2024 election. Economic uncertainty was a prevailing mood heading into Election Day after a prolonged period…

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