cut rate

American  

noun

1. a price, fare, or rate below the standard charge.

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Other Word Forms

• cut-rate adjective

Etymology

Origin of cut rate

An Americanism dating back to 1880–85

Example Sentences

And in February 2023, he said inflation could easily take more than a year to decline by enough for the Fed to cut rates.

From MarketWatch

The gap between what the Fed earns on its bonds and what it pays on reserves has narrowed sharply over the past year as the Fed has cut rates.

From The Wall Street Journal

The Bank of England left its key rate unchanged at 3.75% last week, having been expected to cut rates.

From The Wall Street Journal

Powell led the central bank to cut rates three times last fall but encountered rising opposition on the 12-member Federal Open Market Committee with each reduction.

From The Wall Street Journal

If bad enough, the Fed would likely cut rates.

From The Wall Street Journal

Related Words

• cheap
• deficient
• inadequate
• insignificant
• little
• meager
• moderate
• modest
• nominal
• paltry
• poor
• reasonable
• small
• sparse