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Trump, Fed and rate cut
The Fed Just Cut Interest Rates. It May Signal a Big Move in the Stock Market.
The federal funds rate is a benchmark that influences other interest rates throughout the economy. The Federal Reserve doesn't control the federal funds rate directly. Instead, it uses various monetary policy tools to steer the benchmark toward a target range, which is currently 4.75% to 5%.
Fed Announces Larger Than Expected Rate Cut
The Federal Reserve lowered its discount rate by half a percentage point on Sept. 18 to 4.75-5%, the first cut since 2020.
HSBC to cut best lending rate in Hong Kong by 25 bps to 5.625%
HSBC Holdings said it was cutting its best lending rate in Hong Kong by 25 basis points to 5.625% from 5.875% effective Sept. 20. That followed a 50 basis points cut in the base rate charged through the overnight discount window of the city's de facto central bank.
6d
on MSN
US Postal Service Announces Change to Discount Rates
The U.S. Postal Service (USPS) has announced it will no longer offer discount rates on certain packages. Announced on ...
Новости Украины
21h
NBU retains discount rate at 13%
The Board of the National Bank has decided to retain the discount rate at the level of 13%.This is stated in the message of ...
1d
Mortgage Rates Sink to Lowest Level in 2 Years
After falling below the 6% threshold Monday, 30-year mortgage rates dropped even further Tuesday to a new 5.89% average. Both ...
Kiwiblog
1d
The public discount rate is too low
The discount rate is basically the estimated cost of borrowing or capital, used to calculate if a public sector project will produce a net positive benefit. If it is set too low, you spend too much ...
Azer News
3d
CBA to decide on discount rate for sixth time this year
On September 18, 2024, the Central Bank of Azerbaijan (CBA) will decide on the discount rate for the sixth time this year, ...
Image
7d
Calling all hair and beauty professionals: We’ve got a discount rate for Salons Sessions 2024
All ticket options can be purchased HERE. Simply use discount code BOB20 upon checkout to receive your exclusive 20% discount ...
9d
Ministry of Oceans and Fisheries Expands Early Supply Ahead of Chuseok...Increase discount rate by up to 60%
As early prices soared ahead of Chuseok, the government took measures.The Ministry of Oceans and Fisheries said the price of ...
Head for Points
6h
How to use Virgin Points for a Virgin Holidays discount (Virgin Redemption University #8)
You can redeem your Virgin Points from Flying Club to save money on your next Virgin Atlantic Holidays package. We look at ...
16h
Stock Market Today: Tech Stocks Surge as Post-Fed Rally Builds
Follow along for live updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
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