Consumer News When The Fed Cuts Rates, What Will It Mean For Consumers

Consumer Reports explains how recent interest rate cuts by the Federal Reserve could affect finances

After a Fed rate cut, the interest rate on savings accounts usually dip as well, but that's not always the case, thanks to stiff competition among banks. Read More

The Fed cut rates again, but officials disagree on what comes next. What it means for you

Before Wednesday, economists and markets were betting on a December rate cut. After Fed Chair Jerome Powell’s comments, they aren’t so sure. Read More

I Asked ChatGPT What More Fed Rate Cuts Mean for the Economy — Here’s What It Said

The Fed cut interest rates for the first time in 2025. ChatGPT explains how lower rates may impact inflation, housing, jobs and the stock market. Read More

What will next Fed rate cut mean for mortgages, credit cards and car loans?

The second interest rate cut of 2025 is likely to hit before Halloween once the Federal Reserve concludes its two-day policy meeting on Oct. 28 and Oct. 29. At least, that's what most analysts expect. Read More

What does the latest Fed interest rate cut mean to California consumers?

The Fed lowered its target rate to a range of 3.75% to 4%, down one-quarter percentage point. It followed a quarter-point cut September 17. The rate is used by banks to lend funds to each other ... Read More

Federal Reserve cuts interest rates to lowest point since 2022

The Federal Reserve this week cut its benchmark federal-funds rate by 25 basis points, lowering the target range to 3.75 %-4.0. That move is intended to ease borrowing costs and stimulate spending in ... Read More

Federal Reserve cuts rates to lowest level in three years

The Federal Reserve was widely expected to lower interest rates by a quarter point in order to support the waning job market. Read More

Consumers Expect Inflation To Get Worse, Even As Fed Cuts Rates

Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ... Read More

Where does the US consumer stand as gov't reopening seems likely?

The US Senate has voted on and advanced a bill that could end the government shutdown to the House, which lawmakers could vote on it as early as this Wednesday and possibly reopen the federal ... Read More