Will interest rates keep dropping? 4 charts show where we stand
(NewsNation) — The Federal Reserve has cut its benchmark interest rate for the first time in more than four years, which will have consequences for mortgage rates, car loans and credit card debt.The Fed's half-point rate cut is a major strategic shift and a sign policymakers believe they're winning the war against inflation.Wednesday's cut lowers the federal funds rate into a range of 4.75% to 5%, down from its prior range of 5.25% to 5.5%. That shift may seem subtle, but with more cuts ex
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