Fed cuts interest rates again — why you should refinance debt now
The coronavirus has wreaked havoc on the economy, and in an emergency response, the Federal Reserve slashed interest rates by a full percentage point—the second rate cut in two weeks and the largest in Fed history.
Fed’s Bostic Says He Favors Patience in Cutting Rates Further
Federal Reserve Bank of Atlanta President Raphael Bostic said he’s not in a hurry to lower interest rates to the so-called neutral level, emphasizing that policymakers are committed to achieving their 2% inflation target.
Economist sees room for doubt about Fed cutting rates again in November
Surprisingly strong retail-sales data released Thursday could dim the odds of a Federal Reserve rate cut at the central bank's November meeting, according to Nationwide chief economist Kathy Bostjancic.
Mortgage rates continue to climb despite cuts by the Fed: Here’s why
Many Americans have been priced out of purchasing a home or making a move for years now amid elevated mortgage rates, sky-high home prices, and squeezed budgets due to inflation.
If the Fed Cut Rates, Why Have Mortgage Rates Been Going Up?
Mortgage rates dropped before the Fed’s last meeting, and have risen more than 50 basis points since. If you’re wondering why, you’ll need to look at the 10-year Treasury bond yield.
The Fed’s cutting rates. Here are three yield-curve scenarios, and what they’d mean for the stock market.
Tan Kai Xian, an analyst at financial research service Gavekal, says there are three scenarios for the yield curve, and for each he gives the implication for the U.S. stock market.
Market Is Wrong About Synchronized ECB, Fed Cuts, El-Erian Says
Investors are mispricing the prospect that the European Central Bank will lower interest rates as much as the Federal Reserve, according to Mohamed El-Erian, the president of Queens’ College, Cambridge.
ECB and Fed will be 'fairly synchronized' when it comes to pace of rate cuts, portfolio manager says
Konstantin Veit, portfolio manager at Pimco, discusses the outlook for interest rates in Europe and the U.S. The best late-night host of all time isn't Leno or Letterman, according to fans. See the top 20.
Rates Spark: Markets Now Contemplating A 50bp December ECB Cut
The ECB cut the deposit rate by 25bp, but the communication was more dovish than anticipated. Markets are now pricing in a 25% chance of a 50bp cut in December, which seems overly ambitious.
Several banks are still paying close to 5% for your cash, one month after the Fed cut rates
One month ago, the Federal Reserve cut its interest rates, lowering bank account rates. Find out how you can still earn a ...
The Federal Reserve’s effect on mortgage rates: What to know
While the Fed doesn’t regulate your mortgage rate, the central bank sets the funds rate to impact the economy. This action ...
The Fed still has the green light to cut rates, says PIMCO's Erin Browne
Erin Browne, PIMCO, joins 'Closing Bell' to discuss market’s multiple, her year-end playbook and sector she's watching.
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Mortgage rates were supposed to come down. Instead, they're rising. Here's why
Mortgage rates have jumped, despite the Federal Reserve cut interest rates by a half-point last month. For homebuyers, the ...
Interest Rates and the Fed: What Economists Expect for the Rest of 2024
That is where economists see short-term interest rates by the end of this year, implying two further, quarter-point cuts by ...
Expect Fed to Lower Rates 25bps: Dowding
Treasury yields move higher as traders expect the Fed to dial back cuts, but RBC BlueBay Asset Management CIO Mark Dowding ...
Why The Fed Matters More Than The President For Businesses
The Federal Reserve (the Fed), an independent agency of the United States government, wields immense power over the nation's ...
Rising break-even inflation rates could get Fed to consider no action in November: strategist
Market participants' expectations for future inflation, as measured by break-even rates, could rise by enough for the Federal ...