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The Federal Open Market Committee reduced the overnight lending rate from 2.5 percent to 2 percent — the lowest it has been since September 1961.
Ever-gloomier economic news means more experts bet that the Fed will drop rates another half-point Tuesday.
Need some extra bucks this year? Here’s some ways to get them.
Financial expert Dorothy ‘The Dollar Diva’ Rosen answers the five most-common questions about saving via U.S. bonds.
Not fluent in Fed? Here’s the plain-English translation. NOTE: This story will go live shortly after the Federal Reserve Board announcement Tuesday afternoon.
A look at the Federal Reserve Board rate moves and what it means to our economy. NOTE: This story will be live shortly after the Fed announcement on Tuesday afternoon.
How do the latest cuts affect your finances? The news you need to know. NOTE: This story will go live shortly after the Federal Reserve Board announcement Tuesday afternoon.
Expect another half-percent cut when the Fed meets on Tuesday.
A graphical look at how the Fed’s interest rate cuts have — and sometimes have not — been reflected in other interest rates.
All eyes turn today toward the Federal Reserve Board. Here’s how it works and what it does.