Fed looks set to cut interest rates by at least 25 bps Small-caps, homebuilders among sectors most sensitive to rates Picture for banks complicated by deposit costs, Treasury yields Sept 17 (Reuters) ...
The Federal Reserve just cut interest rates by a quarter of a percentage point. While that should affect rates throughout the economy, some lenders report that not much has changed. It’s been about a ...
Big U.S. banks have lowered their prime lending rate to 7.25%, down from 7.50%, after the Federal Reserve announced a 25 basis point rate cut on Wednesday, the first adjustment since December. The ...