Fed policymakers see slower rate-cut path next year
San Francisco Federal Reserve Bank President Mary Daly on Friday said the decision by the U.S. central bank to lower interest rates on Wednesday by another quarter percentage point was a "close call," adding she agreed with Chair Jerome Powell that caution is now warranted toward further policy adjustments.
What the Fed's December rate cut means for mortgage interest rates
The Fed's December rate decision reflects growing confidence in the economy's trajectory and the continued moderation of inflation pressures, despite an uptick in the inflation rate over the last few months.
Fed lowers key interest rate by another quarter point but sees just 2 cuts in 2025
The Fed trimmed a key interest rate by a quarter percentage point, its third straight rate cut. But it forecast fewer 2025 cuts amid inflation uptick.
Fed policymakers prepare the ground for rate-cut pause next year
By Michael S. Derby, Ann Saphir (Reuters) -Federal Reserve policymakers, fresh from an interest rate cut this week, on Friday signaled their readiness to take a break from further reductions in borrowing costs next year as they take stock of progress to lower inflation.
What the Fed's new rate cut means for gold investing
The Federal Reserve rolled out its third rate cut of the year this week, a move that could impact the gold market.
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.
Fed drops its key rate but projects fewer cuts in 2025
The Federal Reserve signaled that it will move more slowly and cautiously next year as it considers further rate cuts. The Fed cut its benchmark rate one-quarter of 1 percentage point on Wednesday, to between 4.
Mortgage Rate Predictions for the End of 2024: What Comes Next?
Mortgage rates are driven by investor expectations and shifts in bond yields. Overall, investors care more about the Fed's future outlook for rate cuts than one individual cut. Gi
Dave Ramsey reveals major 2025 mortgage rate prediction
The Fed recently announced its third interest rate cut in 2024, but mortgage rates haven’t been impacted much. In fact, weekly mortgage rates have ticked upwards since October d
Federal reserve issues final rate cut of 2024, what's next?
The U.S. Federal Reserve has issued their final rate cut of 2024, saying that what happens next year will depend on the actions and policies of the incoming Trump administration. Some at the reserve has signaled that the rate cuts will slow down as business leaders say inflation is not coming down enough.
How the Federal Reserve's rate policy affects mortgages
Quantitative tightening at the Federal Reserve may keep upward pressure on 30-year fixed mortgage rates for the foreseeable future.
When Is the Fed Interest-Rate Decision and What to Watch for Today
The central bank is widely expected to make its third interest-rate cut of 2024 Wednesday, at its last meeting of the year.
Most Gulf markets muted as concern lingers over fewer Fed rate cuts
Stock markets in the Gulf were mostly subdued on Sunday, weighed down by concerns that the U.S. Federal Reserve will make ...
The Indianapolis Star4d
Dow falls 1,100 points on disappointing Fed interest rate news
The Nasdaq Composite lost 3.6%, closing at 19,393. The S&P 500 and Nasdaq have traded at or near record highs in recent days, ...
Detroit Free Press5d
Nasdaq closes at record as investors prepare for Fed rate decision
Markets have almost completely priced in a rate cut at the conclusion of the Fed's two-day policy meeting on Wednesday, ...
The Fed's rate outlook has rattled markets. Here's what it means for global central banks
The Federal Reserve roiled markets by raising its inflation outlook and signaling fewer rate cuts next year — and global ...
The Fed’s rate cuts were supposed to make borrowing cheaper. So why is it harder than ever to buy a house?
Most recently, right after the Fed’s decision was announced, the 30-year mortgage rate jumped 22 basis points between Tues ...
Stocks tanked after the Fed signaled fewer rate cuts next year. Here's what Wall Street analysts see ahead.
The Federal Reserve cut interest rates on Wednesday but projected only two further cuts next year. Here's what analysts are ...