The Federal Reserve is projected to continue lowering rates into 2025. On Nov. 7, 2024, the Federal Reserve lowered interest rates by 0.25 percentage points in the second cut of the year, amid easing inflation. The cut lowers the federal funds rate — the rate at which banks charge each other for overnight loans —...
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The Federal Reserve is projected to continue lowering rates into 2025. On Nov. 7, 2024, the Federal Reserve lowered interest rates by 0.25 percentage points in the second cut of the year, amid easing inflation. The cut lowers the federal funds rate — the rate at which banks charge each other for overnight loans —...