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CNBC TV on Instagram: "The Federal Reserve cut its key overnight borrowing rate by a quarter percentage point, putting it in a range between 3.5%-3.75%. However, the move carried caution flags about where policy is headed from here and featured “no” votes from three members, which hasn’t happened since September 2019. Full details at the link in bio."
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The Federal Reserve announced Wednesday a quarter percentage point, or 25 basis point, cut to its overnight lending rate, bringing the targeted range to between 3.5% and 3.75%. Find more: cnb.cx/4oNCWTA | CNBC
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📉 Breaking: Bank of England Cuts Base Rate to 4.25% Today’s decision by the BOE to lower the base rate from 4.5% to 4.25% is a significant moment—especially for homeowners, buyers, and savers. It reflects cautious optimism amid easing inflation and economic uncertainty. What does this mean for you? For Mortgage Holders: Tracker & Variable Rate Mortgages: Expect an immediate (and welcome) reduction in monthly payments. Fixed-Rate Mortgages: While your current rate won’t change, new deals may bec
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