The Fed Has Lowered Rates Again. Does That Mean 2025 Mortgage Rates Will Fall?
The Fed announced its third straight rate cut this week, also signaling that additional reductions are likely in 2025. What could this mean for future mortgage rates?
Fed policymakers see slower rate-cut path next year
San Francisco Federal Reserve Bank President Mary Daly on Friday said the decision by the U.S. central bank to lower interest rates on Wednesday by another quarter percentage point was a "close call," adding she agreed with Chair Jerome Powell that caution is now warranted toward further policy adjustments.
The Fed cut rates again — but don’t expect your credit-card APR to get much lower anytime soon. Here’s why.
Interest-rate cuts are supposed to lower borrowing costs, but that’s not necessarily happening for credit-card users.
The Fed expects to cut rates more slowly in 2025. What that could mean for mortgages, debt and more
The Federal Reserve’s third interest rate cut of the year will likely have consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses
There’s now a 40% chance the Fed will pivot back to hiking rates again next year, top economist says
"For investors, it is starting to look similar to 2022—too high inflation, rising interest rates, and falling stock prices."
Fed's Hammack says economic strength argued against rate cut
By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of Cleveland President Beth Hammack said Friday she voted against the central bank’s rate cut earlier this week because economic strength and the inflation outlook argued against easing policy.
Fed Cuts Interest Rate by a Quarter Point, but Don't Expect Big Declines for Mortgages Yet
The Fed has delivered another interest rate cut, but unfortunately for homebuyers, it won't mean imminent relief for mortgage rates. As expected, the Federal Reserve cut its overnight policy rate by 0.
Today's Mortgage Rates | Rates Jumped Following This Week's Fed Cut
These are today's mortgage and refinance rates. Mortgage rates are higher following the latest Fed meeting, and they may not drop as much next year.
Fed’s Goolsbee Now Sees Shallower Path for Rate Cuts Next Year
Federal Reserve Bank of Chicago President Austan Goolsbee said he adjusted his outlook for interest rates a little higher for 2025 but added he still expects borrowing costs to fall a “fair bit more” over the next 12 to 18 months.
Fed’s Daly Reveals Her Bullishness for AI-Driven Productivity
Mary Daly was a young economist at the Federal Reserve Bank of San Francisco in the late 1990s when she helped then-Chair ...
CNBC Daily Open: With cooler-than-expected PCE, would the Fed’s dot plot have looked different?
Conditional questions are unanswerable. But in their indeterminacy, they highlight the fact that trying to time or game the ...
The Fed’s go-to inflation gauge ticked up less than expected last month
The Federal Reserve’s preferred inflation gauge moved slightly higher in November — but not as much as economists were ...
Elon Musk Makes ‘Overstaffed’ Fed Target in Quest for Efficiency
Elon Musk, the billionaire tasked with making the US government more efficient come January, has zeroed in on the Federal ...
Fed Throws Cold Water On Hot Market With Revised Rate Outlook (December Issue)
Stock market investors had hoped for an early holiday gift in the form of a third interest rate cut from the Federal Reserve.
The Fed’s Preferred Inflation Measure Sped Up in November
The Personal Consumption Expenditures index climbed 2.4 percent from a year earlier, though the report’s details were more ...
Federal workers fed up with paycheck uncertainty surrounding shutdown fights
During a shutdown, most government workers are furloughed, though many are required to report to work if their job is ...
Today's Mortgage Rates | Fed Meeting Brings Uncertainty Around Where Rates Will Go Next Year
Borrowers often expect mortgage rates to go down when the Fed cuts rates, but Fed moves are typically priced in well ...
Yahoo15h
‘Sanctuary’ cities, states including NY are like Confederate rebels and should lose all fed funding if they don’t change: ex-gov
Defiant “sanctuary” cities and states such as New York are acting like Confederate rebels and should lose “all’’ of their ...
Wall Street reevaluates 'higher for longer' rates post Fed meeting: What to know this week
The holidays are here. But many investors may be feeling like they made it onto the naughty list as they contend with ...