200 Chennai city parks to receive rainwater harvesting pits

Chennai: Greater Chennai Corporation (GCC) will roll out a rainwater harvesting (RWH) scheme across parks in the city this year to recharge the ground.
Reuters

US rate futures lift odds of January cut after unemployment rises in November

NEW YORK, Dec 16 (Reuters) - U.S. rate futures on Tuesday raised the probability of the Federal Reserve cutting interest rates at the next policy meeting in January after data showed U.S. unemployment ...
U.S. News & World Report

Why the Fed Rate Cut Won't Move Mortgage Interest Rates

The FOMC cut the federal funds rate by a quarter-point, but that's unlikely to cause 30-year mortgage rates to fall by the same amount. The December rate cut might be advantageous for builders and ...
CBS News

The Fed just cut rates to their lowest point since 2022. Here's what that could mean for mortgage rates.

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. While each of the recent rate reductions has slowly chipped away at ...
CNN

The Fed just cut interest rates for the sixth time. Here’s why you’re not seeing much of a difference in your loans

Thanks to its latest decision on Wednesday – its final one for 2025 – the Federal Reserve has now reduced its key overnight lending rate by 1.75 percentage points since it began its rate-cutting cycle ...
NerdWallet

Fed Cuts Rates Again, Though Mortgage Rates Are Already Down

October’s lower mortgage interest rates anticipated today’s second consecutive Fed rate cut. Some or all of the mortgage lenders featured on our site are advertising partners of NerdWallet, but this ...
Detroit Free Press

What will next Fed rate cut mean for mortgages, credit cards and car loans?

The last time the Federal Reserve cut the federal funds rate was on Sept. 17 when the benchmark rate was reduced by a quarter point. The Fed cut rates three times in 2024. The average 30-year fixed ...
USA Today

The Fed cut interest rates. How quickly will you notice changes?

After a lengthy pause, the Federal Reserve on Sept. 17 announced a quarter percentage point cut to its benchmark interest rate. Economists say it is likely the first in a series of reductions that ...
CNN

Fed announces first rate cut in nine months, signals more reductions to come

• The Federal Reserve cut its benchmark interest rate Wednesday for the first time since December and signaled more cuts are likely this year. • Central bankers opted for a quarter-point cut this time ...
U.S. News & World Report

The Fed Cut Rates. Will Mortgage Rates Follow Suit?

Some consumers have been hoping that Fed rate cuts would lead to lower mortgage rates so they can buy a home or refinance their mortgage, but long-term mortgage rates move independently from the ...
Investopedia

Fed Cuts Interest Rate For First Time Since December

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...