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.But with inflation pressures still elevated and with concern that President-elect Donald Trump's policies could fuel inflation,
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.
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.
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.
Today's Mortgage Rates | Fed Meeting Brings Uncertainty Around Where Rates Will Go Next Year
These are today's mortgage and refinance rates. Mortgage rates might not drop as much next year if the Fed only lowers rates a couple of times.
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 ...
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 ...
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 ...
Most Gulf markets muted as concern lingers over fewer Fed rate cuts
Stock markets in the Gulf were mostly subdued on Sunday, weighed down by concerns that the U.S. Federal Reserve will make ...
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 ...
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 ...
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." ...
Inflation Investing: Choose The Right ETF Option For Your Portfolio
Inflation concerns are rising and investors are looking to protect their portfolios. These ETFs may do the trick.