Federal Reserve lowers interest rates again
The Federal Reserve is back in the headlines, with one final rate cut to round out 2024. The latest move leaves its benchmark lending rate at a range of 4.25%-4.5%, a two-year low. Patrick Rehkamp, a senior financial writer from 1834, A Division of Old National Bank, joined the FOX 9 Morning News to talk about the numbers and what to look for in 2025.