The focus is on Fed speakers and a key inflation reading for insight into whether another big rate cut is coming.
Currently, the Mortgage Bankers Association predicts a 6.5% average mortgage rate by the end of the year (though that ...
The evidence suggests investors had more than fully absorbed the Fed would be cutting rates by 50 BPS. Click to read.
Last week’s rate cut won’t be the last, says Scott Garliss, as the Fed looks to build consumer confidence. That’s good news ...
Federal Reserve Bank of Chicago President Austan Goolsbee said interest rates need to be lowered “significantly” to protect ...
Federal Reserve Bank of Minneapolis president Neel Kashkari says he expects two more quarter-point rate cuts from the Fed ...
When the Federal Reserve reduces interest rates, it causes HELOC rates and new home equity loan rates to drop as well.
The S&P 500 was 0.2% higher in morning trading, coming off its fifth winning week in the last six, and flitting around its ...
Minneapolis Fed President Neel Kashkari said he expects the Fed to cut interest rates by another 50 basis points before the ...
Investors are cheering as policymakers expect the labor market to hold steady through a series of smaller cuts into 2025.
The Fed’s larger-than-expected half-point cut sent markets soaring and should send consumer borrowing rates down, providing a ...