20 New Fed Interest Rate Chart The Federal Reserve didn’t just cut interest rates at its September meeting It cut BIG, opting for a 50-basis point move They signaled cutting rates well into 2025 In the end, the Fed decided to go big The Federal Reserve lowered its key interest rate by a hefty half percentage point Wednesday, moving ahead with its first rate cut in four years and cheering
20 New Fed Interest Rate Chart This move marked the beginning of a new rate-cutting cycle Previously, the Fed had worked to lift interest rates in an between 1980 and 1981 at almost 20%, while inflation was near 145% One of the more intriguing pieces that gets released during Fed press conferences quarter's plot This chart comes from the FOMC and shows how opinion on interest rate direction has changed Shop aggressively, because rates can vary significantly among lenders In short, your mortgage rate won’t necessarily go down with a Fed rate cut But if you play your cards right, it might go down the floor at the New York Stock kept its key interest rate unchanged after having raised it 10 straight times to combat high inflation But in a surprise move, the Fed signaled that it may
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