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

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

While a Fed rate cut is big news, consumers might only be expected to see slight relief when it comes to much borrowing. Read More

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

Federal Reserve Chair Jerome Powell poured cold water on hopes for a holiday rate cut, dialing back expectations as the labor market cools and inflation persists. Powell said a December cut is far ... 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

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

Federal Reserve cut target rate to 3.75–4.00%, aiming to spur modest demand. Californians likely see minimal consumer relief; credit and mortgage rates barely shift. Economic forecasts project ... Read More

Why your card and car loan rates might not drop despite the Fed’s latest cut

This is read by an automated voice. Please report any issues or inconsistencies here. The Federal Reserve cut its benchmark rate for the second time since September, but consumer relief could come ... Read More

What the latest Fed rate cut means for your money — even if the next one is not certain

NEW YORK, Oct 30 (Reuters) - The U.S. Federal Reserve cut its key interest-rate target by a quarter of a percentage point on Wednesday. But Fed Chair Jerome Powell cautioned that another move in 2025 ... Read More

What does the Fed's interest rate cut mean for you?

The Federal Reserve cut its benchmark interest rate by 0.25 percentage points on Wednesday for the second time this year. CBS News MoneyWatch correspondent Kelly O'Grady explains what that means for ... Read More

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

The Federal Reserve finally lowered interest rates in September, cutting its benchmark lending rate by a quarter of a point to a new range of 4% to 4.25%. It was the first rate cut in 2025. Many ... Read More

Crucial Black Friday, AI bubble worries and Fed rate cut hopes

Last week earnings results from retailers were mixed with Walmart (WMT) being a winner and Home Depot (HD) a loser. Russ Mould from AJ Bell believes that's why this Black Friday will be scrutinised ... Read More

Here’s what the latest inflation and spending data reveals about the US economy

A flurry of economic data released Tuesday after a blackout during the government shutdown paints a confusing picture of the US economy. • September wholesale inflation rose by 0.3%, keeping the ... Read More