Fed rate cut: Here’s what it means for your mortgage rate, credit cards, savings accounts and more

Why did the Federal Reserve cut interest rates? How did the TikTok deal impact Oracle's comeback? What caused Nvidia's stock to drop in China? Why was Jimmy Kimmel's show pulled off air? How is AI affecting jobs according to Anthropic CEO? What led to Cracker Barrel's sales decline? Why are Starbucks workers suing over dress code?

Fed rate cut: Here’s what it means for your mortgage rate, credit cards, savings accounts and more

cnbc.com/2025/09/17/federal-reserve-cuts-interest-rates-heres-what-that-means-for-you.html

The Federal Reserve announced Wednesday it will lower its benchmark rate by a quarter point, paving the way for relief from some of the high borrowing costs that have weighed on consumers.
The federal funds rate, which is set by the Federal Open Market Committee, is the interest rate at…

This story appeared on cnbc.com, 2025-09-17 18:01:41.