Posted on Friday, 4th October 2024 by Dennis Damp
The Federal Reserve lowered its benchmark interest rate September 18th by .5 percent (50 basis points), the first rate cut in four years! This rate cut lowers the Fed’s benchmark short-term rate to 4.75% to 5% from a 23-year high of 5.25% to 5.5%. The cut slightly eased borrowing costs for consumers across the board. […]
Tags: CD Rates, Fed Rate Cuts, Fixed Income Options, Treasury Bill Yields, Treasury Note Yields
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- ANNUITIES / ELIGIBILITY
- ESTATE PLANNING
- FINANCE / TIP
- RETIREMENT CONCERNS
- SOCIAL SECURITY / MEDICARE
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