Fed’s 50-Point Rate Cut: What It Means for Real Estate Investors and Consumers

Federal Open Market Committee Kicks Off Rate Reduction Cycle In a highly anticipated move, the Federal Open Market Committee (FOMC) slashed the federal funds rate by 50 basis points during its September meeting, setting the lower bound at 4.75 percent. This marks the first rate cut since March 2020 and is widely seen as a […]