Good news for borrowers, but somewhat bad news for savers.
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Car loan rates are rising quickly, even as the Fed holds rates steadyAs interest rates rise and vehicles become more expensive, that new-car smell increasingly comes with larger loans and longer terms.
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Fed Chair Jerome Powell says the case for raising interest rates 'has weakened'
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Fed leaves rates unchanged, says will be 'patient' on future hikesThe Fed left rates unchanged and said it would be 'patient' in lifting borrowing costs further this year Read analyst reactions to the decision
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Fed holds rates steady amid economic uncertaintyThe Federal Reserve on Wednesday announced it would hold interest rates steady, another clear signal it intends to take a cautious approach in an uncertain economic environment.
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‘Patient’ Fed adopts wait-and-see stance as Powell says case for higher rates ‘weakens’The Federal Reserve on Wednesday stressed it will be patient about adjusting interest-rate policy and said it would be prepared to adjust balance sheet runoff.
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Stocks rally as the Fed keeps rates unchangedU.S. stocks surge Wednesday morning, with the Dow powering higher by Boeing earnings, and as technology shares get a boost from better-than-expected quarterly results from Apple and Advanced Micro Devices.
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Fed set to hold rates steady as it navigates data blind spotsIn the six weeks since a confident U.S. Federal Reserve raised interest rates in...
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