Fed Cuts Interest Rate by a Quarter Point, but Don't Expect Big Declines for Mortgages Yet
Federal Reserve made a 3rd consecutive rate cut today. Here's how it will impact your money.
Fed’s Preferred Inflation Metric Better Than Expected As Wavering Over Interest Rate Cuts Spooks Markets
Federal Reserve cuts its key rate by a quarter-point but envisions fewer reductions next year
WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next year than it previously envisioned, mostly because of still ...
What The Interest Rate Drop Means For Small Businesses
The impact of interest rate reductions will help small and mid-sized banks, which had big exposure in commercial real estate because their portfolios were at fixed rates. As interest rates come down, the market values of the portfolios will improve, which provides relief for them, since they have suffered a lot over the past two years.
Mortgage rates rise nationwide after federal funds rate drop
Dean Greenberg, President of Greenberg Financial Group explained that interest rates on mortgages actually went up after the Federal Reserve's decision to drop federal interest rates.
Federal Reserve cuts interest rates by 0.25 percentage points, but projects fewer reductions in 2025
The Federal Reserve on Wednesday moved to lower its benchmark rate by 0.25 percentage points, but said it plans fewer cuts in 2025.
The Fed Could Be Done Cutting Its Interest Rate For a While—What Should You Do?
The Federal Reserve cut its influential federal funds rate on Wednesday, but signaled it may be the last cut for a while. Here's what financial planners recommend you do with your money.
Diving into the Dots: What the Fed’s Interest Rate Projections Mean
On Wednesday, the Federal Reserve updated its projections for future rate cuts, indicating that borrowing costs could be higher than expected in 2025.
Federal Reserve Watch: Merry Christmas
Analysis of the Federal Reserve's recent rate cuts and cautious approach towards future economic policies in response to President-elect Trump's impact.
The Boston Globe2d
The Fed expects to cut rates more slowly in 2025. Here’s what that could mean for mortgages, debt, and more.
NEW YORK — 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 ...
How the Federal Reserve's rate policy affects mortgages
Quantitative tightening at the Federal Reserve may keep upward pressure on 30-year fixed mortgage rates for the foreseeable future.
Federal Reserve cuts interest rate again
The Federal Reserve announced another interest rate cut, reducing its benchmark rate by .25 percentage points. CBS News business analyst Jill Schlesinger has more on the move.
Federal Reserve sees fewer rate cuts in 2025 with dot plot revised up
With the federal funds rate finishing 2024 at a 4.25%-4.50% target range, the updated SEP shows two 25-basis-point rate cuts in 2025,according to the median projection, compared with the previous estimate of 100 bps of easing.