What another Fed cut could mean for your personal borrowing costs

Published Mon, Dec 8 20259:57 AM ESTUpdated 5 Hours Ago

By: Jessica Dickler

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Expect a ‘hawkish cut’ from the Fed this week, says Wharton’s Jeremy Siegel

The Federal Reserve is expected to lower its benchmark rate by a quarter percentage point at its meeting this week.

The move would mark the Fed’s third consecutive rate reduction this year, following the September and October cuts, bringing the federal funds rate to a range of 3.50%-3.75%.

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