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

What will the Fed’s latest interest rate cut mean for consumers?

Federal Reserve cuts its benchmark interest rate by 0.25 percentage points, bringing the federal-funds rate to 3.50 %–3.75 % — the lowest in nearly three y ... Read More

What the Federal Reserve rate cut means for you

The Federal Reserve cut its benchmark interest rate by a quarter point Wednesday for the third time since September, bringing its key rate to about 3.6%, the lowest in nearly three years. Read More

Fed meeting recap: Central bank cuts rates for a 3rd time — and shows its biggest split in years

The Fed has cut interest rates for the third time in a row at December's meeting. Fed members were the most divided they've been all year. Read More

What the Fed's December interest rate cut means for your wallet

The Fed cut interest rates at its December meeting. Here's how it affects your money — from mortgages and auto loans to credit cards and savings. Read More

The Fed Made Its Third Cut of the Year. Here’s What Borrowers and Savers Can Expect

Here’s how the central bank’s latest cut will affect rates. Read More

A divided Fed cuts interest rates again, as concerns about the job market outweigh fears of tariff-fueled inflation

The cut of a quarter-point will likely make it cheaper for average Americans to secure mortgages, pay credit card debt or finance cars. Read More

Fed cuts rates for third time, but affordability concerns still rise

Powell said consumers face “really high” costs and said the Fed is “working hard” to make their lives more affordable. Will rate cuts help? Read More

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

CONSUMER REPORTS BREAKS DOWN WHAT YOU NEED TO LOOK FOR. BUT NOW THE HIRING RATE. IN SEPTEMBER, THE FED ANNOUNCED A QUARTER POINT INTEREST RATE CUT. BUT WHAT DOES THAT ... Read More

Fed expected to lower interest rates Wednesday. Will CA consumers notice?

"Another Fed rate cut to close an unnervingly uncertain year is good news for borrowers. The accumulated savings from the Fed's moves are starting to add up to real money," said Matt Schulz, chief ... Read More

What to expect from the last Fed meeting of 2025 — and what a rate cut could mean for your wallet

Jerome Powell will soon announce the next Fed decision on a potential interest rate cut. The Fed is missing key economic data on jobs and inflation. Read More

Fed Cuts 25 Basis Points; What’s Next Is Unclear

On Dec. 10, the Federal Reserve voted to lower the federal funds rate by 25 basis points. A basis point is one one-hundredth of a percentage point. Mortgage lenders had been expecting a cut, and ... Read More

What does the Fed's rate cut mean for consumers?

The Federal Reserve on Wednesday cut interest rates by a quarter of a percentage point, the third rate cut this year. CBS News business analyst Jill Schlesinger has more. Read More