The Federal Reserve announced they were cutting the federal interest rate by half of a percent this week. That doesn’t come as a shock that there would be a cut to Richard Baker, who leads Fervent Wealth Management.

On Wednesday, the Federal Reserve announced they would be reducing the federal interest rate by 0.5 points, which has not gone down since the pandemic in 2020.

Asian markets have forged higher after the Federal Reserve kicked off its efforts to prevent a recession in the U.S. with a bigger-than-usual cut to interest rates

In the end, the Fed decided to go big. The Federal Reserve lowered its key interest rate by a hefty half percentage point Wednesday, moving ahead with its first rate cut in four years and cheering markets that expected an emphatic move amid a softening jobs picture.

Lock in your rate today. The 'Real Housewives' star has been prioritizing her health, and Three Wishes is high on her list of hunger-curbing treats. With October around the corner, the Phillies, Astros and Padres appear locked in,

The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses