The Fed Keeps Cutting Rates — So Why Aren’t Mortgage Rates Going Down?
On Thursday, at the end of its November meeting, the Fed announced a reduction of 0.25 percentage points in the federal funds rate, or the rate at which banks lend each other money overnight. The move follows an initial cut of half a percentage point in September.
Comments from Jerome Powell could set the tone for rate cuts as the market assesses the impact of a Republican sweep in D.C.
Big swings were the backdrop for the Federal Reserve’s interest rate decision and Chair Jerome Powell’s subsequent news ...
Federal Reserve Chair Jerome Powell has taken the ball from Donald Trump for the market. While his comments didn’t derail the ...
On November 7, the Fed cut rates for the second time in this rate cut cycle, lowering the Fed Funds rate 25bp to 4.75% (chart below, darker red line). Fed Funds rate is well above “neutral ...
Stock futures are slightly higher Thursday as the market looks to rebound from a couple of lackluster days, with investors ...
U.S. stocks could open on a tentative note on Thursday after the averages scaled record highs last week. Futures of all three ...
Thursday’s rate cut comes after the Fed cut interest rates for the first time in four years back in September, a positive sign the central bank is confident it has inflation under control.
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