What is the meaning of cut-rate?

the ˌgoing ˈrate (for something) the usual amount of money paid for goods or services at a particular time: They pay slightly more than the going rate for freelance work. See also: going, rate Farlex Partner Idioms Dictionary © Farlex 2017 cut-rate mod.cheap; low-priced. Where are your cut-rate sweaters?

Could a rate cut save you money?

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, which tend to move in tandem with the Fed's target rate. Typically, a rate cut lowers the cost of financing a home.

What is at cut?

AT cut are low-cost oscillators used in various applications such as telecom and networking, consumer electronics, and military and aerospace, among Others. The consumer electronics application in crystal oscillator is expected to grow at the highest rate during the forecast period.

What does a cut in interest rates mean for Americans?

For most Americans, the cut could mean a reprieve in escalating borrowing costs. At the same time, savings account rates may fall. The ’s decision to cut interest rates 25 basis points for the first time in over a decade marked a dramatic shift in monetary policy.