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.
The Fed trimmed a key interest rate by a quarter percentage point, its third straight rate cut. But it forecast fewer 2025 ...
San Francisco Federal Reserve Bank President Mary Daly on Friday said the decision by the U.S. central bank to lower interest ...
The Fed's December rate decision reflects growing confidence in the economy's trajectory and the continued moderation of ...
The central bank is widely expected to make its third interest-rate cut of 2024 Wednesday, at its last meeting of the year.
By Michael S. Derby, Ann Saphir (Reuters) -Federal Reserve policymakers, fresh from an interest rate cut this week, on Friday ...
The Federal Reserve rolled out its third rate cut of the year this week, a move that could impact the gold market.
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, ...
Stock markets in the Gulf were mostly subdued on Sunday, weighed down by concerns that the U.S. Federal Reserve will make ...
The Federal Reserve roiled markets by raising its inflation outlook and signaling fewer rate cuts next year — and global ...
Markets have almost completely priced in a rate cut at the conclusion of the Fed's two-day policy meeting on Wednesday, ...
Most recently, right after the Fed’s decision was announced, the 30-year mortgage rate jumped 22 basis points between Tues ...
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