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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 ...
Mortgage Rates Aren’t Moving in the Same Direction as the Federal Funds Rate—Here’s Why
Mortgage rates aren’t directly tied to the federal funds rate like savings and CDs. Instead, they’re tied to the 10-year ...
Fed's Goolsbee says the big picture is that rates are moving lower
Stepping back from the day-to-day volatility, the bottom line is that interest rates are going to move lower, said Chicago Fed President Austan Goolsbee, on Friday. "As long as we keep making progress ...
Chattanooga Times Free Press42m
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in ...
Dow Jones Today: Stock Futures Lower as Major Indexes on Pace for Weekly Losses
Stock futures were lower Friday, putting major indexes on pace to post weekly losses, as the election-fueled rally that ...
Prediction: The Fed's Rate Cuts Will Lead to Lower Home Prices in 2025
The Federal Reserve's rate cuts won't directly lower home prices in 2025. But they could spur a chain reaction that leads to ...
Voters blamed Biden and Harris for rising costs. Was that fair? We asked economists.
“Biden/Harris don’t bear primary blame for the inflation,” said Jeffrey Frankel, a Harvard University economist. “Primary ...
Wall Street down again early Friday, on track for third losing week in last four
Wall Street was headed for more losses before the opening bell on Friday and is on track to log its third losing week out of ...
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 ...
ConsumerAffairs46m
Credit card debt rose by $24 billion in the third quarter
The Federal Reserve Bank of New York's Center for Microeconomic Data has released its latest Quarterly Report on Household ...
Mortgage rates may be stabilizing after the election. Here's what to expect into early 2025
Mortgage rates seem to have steadied. That may be a good sign for the market, experts say. The average 30-year fixed rate ...
October retail sales top estimates, September spending revised sharply higher
October's retail sales report will be closely watched by investors for signs that the US economy remains on solid footing as ...