Federal officials to cut interest rates by half-percent. What it means for Kentuckians
Some forecasters expect the Fed to cut interest rates by a quarter-point Wednesday. Most, however, expect a half-point reduction. The CME FedWatch forecast tracker favored a half-point cut by a 55-45 margin at midday. (Earlier Wednesday, forecasters rated the probability of a half-point reduction even higher.)
Bank of England reveals Sep. interest rate decision
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Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
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Consumers holding off on big financial moves until interest rates fall may be waiting for some time to come, experts say. ...
For the past three months, markets have sniffed out September rate cuts and responded accordingly. The key is whether the Fed ...
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