How Fed Rates Influence Mortgages, Credit Cards, Savings and More
Briefly

"The Federal Reserve is expected to lower its key rate by another quarter point on Wednesday, marking its third consecutive cut since September. In total, rates will have dropped by a full percentage point since then."
"In an effort to tamp down sky-high inflation, the central bank began lifting rates rapidly... Prices have cooled considerably since then, and the Fed pivoted to rate cuts three months ago."
Read at www.nytimes.com
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