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Fed cuts 25 basis points; what’s next is unclear
On Dec. 10, the Federal Reserve voted to lower the federal funds rate by 25 basis points. A basis point is one one-hundredth of a percentage point. Mortgage lenders had been expecting a cut, and ...
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Federal Reserve split deepens as Miran calls for jumbo 1.5-percentage-point interest-rate cut
Federal Reserve officials entered the new year divided over how much to lower interest rates after cutting them during their last three meetings of 2025. A growing number, mainly the presidents of the ...
U.S. Treasury yields moved lower on Wednesday after the Federal Reserve delivered its third straight interest rate cut. The benchmark 10-year Treasury yield fell more than 3 basis points to 4.153%, ...
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