Fed cuts interest rate for third consecutive time

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The Federal Reserve has announced a quarter-point cut to its key interest rate for a third consecutive time in 2024. NBC News' Brian Cheung has details on the decision and what it could indicate for 2025 and the incoming Trump administration.

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#FederalReserve #InterestRates #Economy
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I’m 45 and have saved about $230k which I plan to put towards becoming a homeowner, but based on current real estate prices, do you suggest I hold from buying and look at dividend paying stocks instead?

J.woltz
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Cool, now home prices should again, skyrocket.

bobvel
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What a bunch of complainers.
Feds raise rates: People upset.
Feds cut rates: People upset

kwally
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Dude was looking at his stock temporarily tank and then go up 🤣

TownTarlet
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It suggests market weakness so pump it up though inflation is still a questionable trend.

RameshPatel-bwbz
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It wasn't cut before. It went down and then went right back up

nicholasdehaas
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Fed reserve is probably scared about the tariffs. Good luck to us all!

JB_Hobbies
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It doesn’t matter with private companies owning single family homes and a home shortage. Prices will stay high…

big
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I can only make so many beans and rice for dinner😢😮❤

spacecowgurl
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The proper way to have combatted inflation would have been to raise rates to 15-20%

Joe-ffif
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as a Econ student this conversation was always a hot topic

MegTelevised
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Yeah gotta love inflation....or at least ceos and talking heads love it

ianraguse
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Why markets didn’t like cutting interest rate

sinisadimitrijevic
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4.25??? BS, excellent credit here and still paying 7%

billlam
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There goes interest on Savings Accounts and Certificates of Deposits.
Right into the toilet!

blaydCA
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Thank God. It looks like a good news 😀

kaykaykaykay
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Enjoy it now because it's going to drastically change for the worst after January 20th!! If you don't believe it, wait and see!

zlbhgkb
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When is someone going to tell my credit cards the rates have dropped??? They raised them fast enough.😢 3 to 1

kenjohnson
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“An incurable disease”... Worst smog hits India

JousungKim-jihz
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Jerome Powell is extremely incompetent and needs replaced. I think a maintenance man in Alabama would be a great replacement. Thanks

heathreeves
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