BIRMINGHAM, Ala. (WBRC) - The recent interest rate cut is the first one since 2020. Financial experts say this will likely make it easier for people to spend more freely, and there may be more cuts.

After years of rate hikes in its effort to tame rising inflation, the central bank has elected to do something it hasn’t done ...

The Fed announced a 50 basis point rate cut on Sept. 18, 2024, bigger than expected. See what it means for your finances and ...

That is, each bank must maintain enough cash on hand, plus a reserve balance with ... When people refer to the Fed "slashing the interest rate" or "raising interest rates," they usually mean the ...

The Fed’s rate cut will touch every corner of our financial lives, from the cost of borrowing money to buy a home or car to ...

Don't expect an immediate impact from the Fed cutting interest rates. But that doesn't mean you can't start planning now.

The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto ...

The Fed’s moves will result in lower interest rates on various consumer financial products and interest-bearing accounts. But ...

Here is a look at the complex system that dictates federal interest rates and how rates could impact your finances. Interest ...

Here's what to know about CDs and high-yield savings accounts following the Fed's first interest-rate cut in four years.

What Do Fed Rate Cuts Do? The Fed only officially controls the federal funds rate, which determines the interest charged in ...

The Federal Reserve has made its first rate cut in 14 months, with more expected in 2024. Here are the smart money moves to ...