Viv Lilith

Fed Lowering Interest Rates 2024. That's not exactly a stop the presses headline. With the federal reserve lowering interest rates, some borrowing costs have begun to ease — signs that loans may become cheaper in the near future.

25 basis points in november, followed by 50 basis points in december, for a total. The federal reserve said wednesday it was keeping its key interest rate unchanged as it fights elevated inflation rates that have been pinching u.s.