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.
The Fed could be in wait-and-see mode as the president-elect develops his economic strategy for 2025 and beyond.
The impact of interest rate reductions will help small and mid-sized banks, which had big exposure in commercial real estate ...
A four-digit slide on a single day is a rare event. The Federal Reserve lowered its benchmark interest rate by a quarter ...
The news: The Federal Reserve on Wednesday delivered its third interest rate reduction in three months, but it bundled the ...
The central bank is widely expected to make its third interest-rate cut of 2024 Wednesday, at its last meeting of the year.
To be sure, the central bank has emphasized that it will adjust its rate decisions based on incoming economic data. Evidence ...
If you want to avoid uncertainty and preserve the rate in your mortgage loan offer, get a mortgage interest rate lock. Interest rate locks can offer peace of mind to borrowers, but they are ...
With the new year around the corner, here’s how to set up your bond portfolio to benefit from higher interest rates.
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