October 4, 2024 7:18 pm

The premier news source for Snohomish County

What does a lower Federal Reserve Rate mean to you?

On July 31, the Federal Reserve Rate was lowered from its benchmark rate by a quarter point.  Amid intense pressure from President Trump and Wall Street, the feds dropped the lending rate from 2.25% to 2%. This is the first reduction in the Federal Reserve Rate since the 2008 recession.  According to Heritage Bank Executive […]

Join Our Mailing List

Verified by MonsterInsights