The Federal Reserve Board announces a much-anticipated decision on interest rates today. Many observers expect a cut, but what does this mean for the ordinary consumer? The expected quarter-point rate ...
The Federal Reserve has cut its benchmark interest rate for the first time in nine months. Since the last cut, progress on ...
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What Does a Rate Cut Mean for Discount Retailers?
When the Federal Open Market Committee (FOMC) voted to lower the federal funds rate by 50 basis points—rather than a widely expected 25—at its September meeting, the S&P 500 continued its seemingly ...
Accretion of discount refers to the gradual increase in a bond’s value as it nears maturity. Learn how it affects returns and is treated in accounting ...
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