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Fed Cuts Interest Rate by a Quarter Point
Fed Cuts Interest Rate by a Quarter Point, but Don't Expect Big Declines for Mortgages Yet
In remarks at a postmeeting press conference on Wednesday, Fed Chair Jerome Powell said that policymakers are now equally attuned to risks from both sides of the mandate, and would proceed cautiously with future rate cuts to avoid reigniting rapid inflation.
Thought the Fed’s Cut Would Push CD Rates Down? Believe It or Not, Some Are Higher Now
The best CD rates didn't just hold firm this week—some even improved. That means you can still snag as much as 5.50% for a short term or in the mid-4% range for longer.
The Fed is lowering interest rates. So why are mortgage rates going up?
The central bank has cut its benchmark interest rate three times in 2024, but mortgage rates haven't followed suit. In fact, they're higher. Why?
Fed Is Losing the Inflation Battle
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 expecting, an indication that price hikes aren’t accelerating in a worrisome fashion.
The Fed begins to weigh how Trump policies could fuel inflation
The Federal Reserve is starting to contend with how President-elect Donald Trump and his ambitious policies could influence inflation in 2025.
The Fed Is Losing the Inflation Battle as Trump 2.0 Looms
Fed chair Jerome Powell says inflation and interest rates will be higher next year than previously thought. If anyone should know where inflation’s headed, it’s the Federal Reserve. Yet this week’s meeting underscored the opposite: Policymakers are less certain than ever and they don’t exactly know how to prevent prices from roaring back.
5h
on MSN
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." ...
1d
Fed Reverse Repo Facility Balances Sink Below $100 Billion
The amount of money investors park at a major Federal Reserve facility dropped below $100 billion for the first time since ...
10h
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 ...
1d
Exclusive: Fed's Barr seeks legal advice amid speculation Trump might remove him, sources say
Federal Reserve Vice Chair for Supervision Michael Barr has sought legal advice to explore his options against any attempts ...
14h
on MSN
Forget the stock-market tumble, the Fed made the right move in a wild week
Federal Reserve Chair Jerome Powell helped spark a wild week on Wall Street, but a signal that policymakers have put further ...
1d
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 ...
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