Reading Time: 2 minutesThe Federal Reserve lowered its key interest rate by 25 basis points today, moving the federal funds target range to 4.00%–4.25%. The move, its first cut this year, highlights the central bank’s shifting focus from inflation to emerging strains in Read more…
Tag: borrowing costs
Reading Time: 2 minutesThe Federal Reserve made waves in the financial world this week by opting to hold steady on interest rates. This decision, keenly anticipated by economists and consumers alike, comes as the nation wrestles with inflation and the delicate dance of Read more…