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Federal Reserve cuts rates by half a point
Will the Federal Reserve cut interest rates again this year?
By the end of 2024, interest rates will fall nearly another half of a percentage point from their current level of between 4.75% and 5%, according to FOMC projections. Interest rates will drop another percentage point over the course of 2025, the projections further indicated.
Biden says Federal Reserve made ‘declaration of progress’ with interest rate cut
President Joe Biden is celebrating the Federal Reserve’s decision to lower interest rates by saying it shows that inflation has eased.
The Federal Reserve Is Finally Lowering Rates. Here's What Consumers Should Know
The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses
2d
on MSN
Goldman Sachs issues stocks forecast for next year
To be sure, bulls are quick to point out that the Atlanta Federal Reserve bank forecast model shows economic growth ...
23h
Egypt’s Gas Output to Return to Normal Levels Next Year, PM Says
Egypt’s natural gas production will return to normal levels by June 2025, the prime minister said, just as a recent output ...
14h
on MSN
Jan. 6 rioter who assaulted police gets weekends in jail for a year
The sentence is among the lighter terms for a person convicted of attacking law enforcement during the Jan. 6 attack. Another ...
16h
Social Security COLA 2025: 7 Reasons Why Rising Medicare Premiums Could Wipe Out Your Raise Next Year
Social Security COLA is estimated to be around 2.5%. For many retirees, rising costs of Medicare premiums could offset much ...
2d
on MSN
Former Albuquerque firefighters accused of rape could go to trial early next year
The three former Albuquerque firefighters charged with rape could be going to trial early next year. Aden Heyman, Angel ...
CNN
5d
Average base pay raises at larger corporations projected to be just under 4% next year
Mostly large US corporations are projecting an average increase in their base pay budgets of 3.9% for
next
year
, ...
5d
on MSN
The 2025 Social Security Cost-of-Living Adjustment (COLA) Is Almost Official. Here's How Much Retirement Benefits Could Increase Next Year
The annual Social Security cost-of-living adjustment, or COLA, is an important feature of the program. Many retirees rely on ...
22h
Max SSI Payment 2025: What could be the highest payment for next year with the latest COLA projection?
If you rely on Social Security benefits, expect a modest increase in your monthly payments starting in 2025. The Social ...
Game Rant on MSN
18h
PlayStation Version of Minecraft is Losing a Feature Next Year
With Minecraft Live 2024 on the horizon, Mojang announces Minecraft on PlayStation will be losing a very special feature in ...
1d
The Next 10 Years Will Be Transformative—Here’s What To Focus On Now
Discover key insights from Fortune 500 leaders on leveraging AI, fostering inclusive culture, and reshaping leadership ...
7d
10 Reasons to Wait for Next Year's iPhone 17
Apple's iPhone development roadmap runs several years into the future and the company is continually working with suppliers ...
1d
Swiss Government Sees Sharp Drop in Inflation Rate Next Year
Switzerland’s government slashed its inflation forecasts, a move in line with expectations that the central bank will cut ...
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