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At the conclusion of its fifth rate-setting policy meeting of 2024 on July 31, 2024, the Federal Reserve left the federal funds target interest rate at a 23-year high of 5.25% to 5.50% for an ...
Rates on a 15-year mortgage stand at an average 5.53% for purchase and 5.60% for refinance, down 25 basis points from 5.78% for purchase and 22 basis points from 5.82% for refinance this time last ...
About 25% of Jackson residents live in poverty, and the city struggled for years with water quality problems and understaffing at its water treatment plants. In early 2021, ...
Boeing proposed a 25% wage increase over four years and other improvements to health care and retirement benefits, but the union had sought raises of about 40%. The strike began on Friday.
The Federal Reserve will lower interest rates by 25 basis points at each of the U.S. central bank's three remaining policy meetings in 2024, according to a majority of economists in a Reuters poll ...
That was the big debate among economists ahead of Wednesday's announcement, with some predicting that the Fed would shave its benchmark rate by 0.25 percentage points — the Fed's standard ...
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