After 2 Fed rate cuts, some CD rates are climbing back up above 4% APY
The last two Fed meetings resulted in rate cuts. Short-term CD rates have continued to lower, but some long-term CD rates are rising back up again.
Fed Cutting Rates Cautiously, Meeting Minutes Show
Minutes from the Federal Reserve policy committee's most recent meeting show that central bankers favor a cautious approach to cutting their benchmark interest rate.
Fed minutes may show start of debate over how far to go on rate cuts
Powell just a week after the meeting said the economy was "not sending any signals that we need to be in a hurry to lower rates."
Fed says it believes inflation will continue to fall; possible rate cuts ahead
Despite inflation in some sectors remaining outside the Federal Reserve's benchmark of 2%, officials indicated they are pleased with the current easing of interest rates, and more gradual cuts may follow.
Traders Are Betting the Fed Will Cut Rates Again in December
The Federal Reserve cut interest rates at its last two meetings–and the odds are shifting in favor of it making it a hat-trick next month. Traders think there's a 67% chance the central bank slashes borrowing costs by 25 basis points and just a 33% chance it stands pat on Dec.
Fed officials cautious about cutting interest rates too quickly
With inflation still elevated, Federal Reserve officials expressed caution at their last meeting about cutting interest rates too quickly, adding to uncertainty about their next moves. Even if inflation continued declining to the Fed's 2% target,
Fed plays it cool: Inflation down, rate cuts on the horizon
The Federal Reserve’s November minutes have revealed cautious optimism among investors. Inflation is easing, and the labor market seems to be holding strong which has set up a stage for gradual rate cuts.
Wall Street sees 'slower' pace of Fed rate cuts in 2025
When accounting for the various policies, Deutsche Bank estimates the US economy will grow at an annualized rate of 2.5% in ...
Today's Mortgage Rates | Where Rates Go Next Is Still Uncertain
These are today's mortgage and refinance rates. Mortgage rates are supposed to drop next year, but that hinges on inflation ...
Fed's Goolsbee makes case for lower interest rates
Chicago Federal Reserve President Austan Goolsbee said the neutral rate is "well below" where it is right now, and ...
Trump Should Challenge the Fed’s Policies
An independent agency of government shouldn’t have such enormous power to skew financial outcomes.
The Fed might not cut interest rates at all in 2025, Deutsche Bank economist says
"Unemployment is going to come down, growth is going to come up, inflation is going to come up," Deutsche Bank's chief US ...
30-Year Refinance Rates Tick Back Down to Recent Low
Refinance rates continued yo-yoing near a two-week low Wednesday after a sharp decline Monday. Rate movement declined across ...
Here's why the Fed doesn't need to aggressively cut rates
The Federal Reserve cut interest rates by 50 basis points in September and followed up with another reduction of a quarter ...
Fed eyes ‘gradual’ approach to cutting U.S. interest rates, minutes show
Many” senior Federal Reserve officials said a more gradual approach to reducing interest rates was warranted in light of ...
How Trump's economic agenda could affect mortgage rates in 2025
Here's what a noted housing expert thinks will happen to mortgage rates next year as Donald Trump outlines his priorities.