Something big is happening in the housing market: What Fed rate cuts will actually do
On Wednesday, Fed Chair Jerome Powell announced that the central bank would begin cutting Fed interest rates, starting with a .50 percentage point (50 bps) cut this month. The Fed also signaled that additional cuts were likely in their final two meetings this year in November and December, and more next year.
Bond yields typically decline amid rate cutting, so the yield curve might remain inverted at least through next March.
The Fed's decision creates a delicate political situation for Harris — celebrate beating inflation, but avoid Trump's ...
Tesla stock rose on Thursday. The Federal Reserve has something to do with that.Shares of the electric-vehicle maker closed ...
Shares of major U.S. homebuilders rose in early trading on Thursday as the Federal Reserve's rate-cut cycle is expected to ...
Market pricing for a Bank of England rate cut on Thursday has crept higher this week, but the broad expectation remains for ...
With inflation fading and the labor market showing signs of weakness, investors have been pricing in a string of ...
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