Fed Cuts Rates Again
The Federal Reserve cut interest rates by a quarter point, the second reduction this year. A combination of strong data and Donald Trump’s return to the White House muddles the outlook on what comes next.
Fed Cuts Rates Again, This Time by a Quarter Point
Officials face new questions over what might lead to a slower pace of rate cuts after Donald Trump’s election ignited market ebullience and sent long-term rates higher.
What the Fed rate cut means for mortgage interest rates
Mortgage rates, in particular, surged last year to their highest level since 2000 but have since come down alongside inflation. But it's been a bumpy ride back to the bottom in recent weeks. What, then, does this latest Fed rate cut mean for mortgage interest rates? That's what we'll break down below.
First Fed Meeting After Election: Expect a Rate Cut, but What's in Store for 2025?
After graduating with a journalism degree from SUNY Oswego, he wrote credit card content for Credit Card Insider (now Money Tips) before moving to ZDNET Finance to cover credit card, banking and blockchain news.
3 reasons mortgage rates probably won't drop soon, even though the Fed just cut rates
Anticipated Fed cuts are typically baked into mortgage rates well ahead of the actual cut, so we might not see mortgage rates move much this week.
Fed Cut Interest Rates, So Why Do Mortgage Rates Keep Climbing?
Though the Federal Reserve has been cutting interest rates, mortgage rates have been increasing or holding steady. When will potential homeowners see mortgage relief.
Fed cuts interest rates in first meeting since Trump win
The Federal Reserve on Wednesday cut interest rates by a quarter of a percentage point, welcome news for consumers who have been struggling with higher rates. After a two-day meeting of its monetary policy committee in Washington,
Inflation Report Keeps December Rate Cut in Play
The October consumer-price index keeps the door open for Federal Reserve officials to cut interest rates at their meeting next month. A monthly rise of 0.28% in prices, excluding volatile food and energy items,
Fed Cuts Interest Rates Again—But Uncertainty Swirls As Trump Policies Could Fuel Inflation
The Fed lowered rates by 25 basis points to a 20-month low, but economists say tariffs may throw a wrench in the rate cutting cycle.
Inflation endured in October, CPI report shows. What happens next with interest rates?
Forecasters had expected lingering inflation in October. How will the new numbers affect the next Federal Reserve decision on interest rates?
Inflation Stays Firm, but Not Enough to Derail December Fed Cut
The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup in the pace of inflation from September, when prices were up 2.4% on the year.
Fed Meeting Today: FOMC Cuts Rates Again; Powell Says He Will Refuse to Resign if Trump Asks
Follow news from today's Fed meeting where the FOMC is expected to cut interest rates and chair Jerome Powell will speak.
Reuters21h
Fed officials wary of inflation risks as they weigh more rate cuts
Kashkari earlier this week said it would be unlikely that the labor market could weaken enough to affect the Fed's policy ...
When Is the Next Fed Meeting? See the Calendar
The Federal Reserve cut interest rates by 0.25 percentage point at its meeting Thursday. Here are the scheduled meetings for ...
Fed meeting today: Interest rates cut by quarter-point as Powell wrestles with Trump's election win, inflation questions
Later he added," Not permitted under the law." Trump became very critical of Powell toward the end of his first term in ...