Relief from higher rates is uncertain, as Fed signals slower move on cuts
Fed watchers see a greater chance the central bank may skip a rate cut at its last meeting of the year in December.
Credit card rates have barely budged, despite interest rate cuts. Here's why
Credit card debt climbed $24 billion over a three-month stretch ending in September, soaring to a level 8% higher than where ...
Traders See Just Over 50% Chance That Fed Cuts Rates in December
Bond traders are giving only slightly better-than-even odds to an interest-rate cut next month as resilient economic data ...
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Strong Economy Leaves Fed in No Hurry to Cut Interest Rates, Says Chair Powell
But if inflation continues to inch upward, the central bank may decide it needs to leave rates high to avoid a repeat of ...
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Mortgage Predictions: The Fed Isn't Hurrying to See Lower Rates
The Fed has two main objectives: maintain maximum employment and contain inflation. Although one single data point is never ...
Today’s 30-year mortgage interest rates drop to 6.88% while 15-year terms fall to 6.13%
Thinking about taking out a mortgage loan? Current mortgage rates fall to 6.88% for 30-year terms, while 15-year terms ...
Fed Chair Powell delivers blunt message on interest rate cuts
This reality forced Federal Reserve Chairman Jerome Powell to concede the possibility Thursday that the central bank may cut ...
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Economists expect the Fed to announce another quarter-point rate cut in December, after a quarter-point reduction last week ...
Strong US data continues reshaping Fed views of pace, extent of rate cuts
Strong U.S. economic and inflation data on Friday continued reshaping the debate among Federal Reserve policymakers over the ...
Boston Fed President says December rate cut isn’t a ‘done deal’Boston Fed President says December rate cut isn’t a ‘done deal’
Boston Fed President Susan Collins said it was too soon to say whether the Fed should cut interest rates next month.
Powell Says Solid Economy Allows Fed to Consider Rate Cuts ‘Carefully’
The U.S. central bank has lowered interest rates by 0.75 point since September.
How the Fed's Rate Cuts Will Affect Your Money—And What to Do About It
The Federal Reserve delivered its second interest rate cut in a row to boost the economy and prevent a rise in unemployment, but it may take a while for consumers to see its effects.