a decision by a central bank to reduce its main interest rate, usually to influence rates charged by other financial institutions: Despite all the Fed's rate-cutting, mortgage rates still rose. (Definition of rate-cutting from the Cambridge Business English Dictionary © Cambridge University Press)
5 days ago
People also ask
What does a rate cut mean?
What's a cut rate?
What do rate cuts mean for mortgage rates?
What is a synonym for cut rate?
When the Fed cuts interest rates they are lowering the fed funds target rate. This is the rate banks charge each other when lending money overnight.
A rate cut could help consumers save money by reducing interest payments on certain types of financing that are linked to prime or other rates.
Aug 17, 2024 · What would a rate cut mean for families? Lower interest rates could provide relief to consumers in the form of better mortgage rates and cheaper ...
1. marked by, offering, or making use of a reduced rate or price; cut-rate stores. 2. second-rate, cheap.
A cut to the federal funds target rate generally means they can expect to lock in a good rate at the outset, one that may stay favorable as the economy ...
Meaning of cut-rate in English ... charged at a lower rate than usual: We get cut-rate electricity for six hours each night.
Cut rate definition: a price, fare, or rate below the standard charge.. See examples of CUT RATE used in a sentence.
CUT–RATE meaning: 1 : selling goods or services at very low prices; 2 : very low.
cut-rate adjective [ADJ n] Cut-rate goods or services are cheaper than usual. cut-rate auto insurance. regional note: in BRIT, usually use cut-price.
