Federal funds rate explained! It's the rate banks charge each other for overnight lending, not what you pay. #FederalReserve #EconomicsExplained #MoneyTips #Finance101
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The Federal Reserve on Wednesday cut the benchmark overnight lending rate by 0.25%, or 25 basis points, putting the benchmark rate in the range of 4.00% to 4.25%. In its statement, the Fed acknowledged slight increases in the unemployment rate and a “shift” in the balance of risks in labor and inflation. Read more: cnb.cx/4mnkpw2 | CNBC
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The Federal Reserve on Wednesday cut the benchmark overnight lending rate by 0.25%, or 25 basis points, putting the benchmark rate in the range of 4.00% to 4.25%. | Chris Rivera
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FacebookChris Rivera
2.25% is the new overnight lending rate, after the The Bank of Canada reduced the rate by 25bps this morning. This is the last rate change of 2025. If you want to understand more about what this means for your buying power & real estate goals, please reach out & let’s chat! And….GO JAYS GO!!! ⚾️ | LTHome
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