Fed cuts interest rates a second time but economists say 2025 outlook uncertain
Many economists still expect another quarter-point cut ahead in December. But expect more debate on the Fed's path in 2025.
US monetary policy still restrictive, two Fed officials say
The Federal Reserve's policy rate continues to act as a brake on the resilient labor market and on inflation that is still ...
Fed cuts interest rates by quarter point
The Federal Reserve on Thursday announced it will cut the benchmark interest rate by 25 basis points, with its second consecutive rate cut coming amid signs of cooling inflation.
Federal Reserve Cuts Rates: What It Means for Savings Accounts, Investments and Loans
Find out how the Federal Reserve’s decision will impact all aspects of borrowing and spending ...
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Fed lowers key interest rate by quarter point as inflation eases but pace of cuts may slow
After a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point ...
What the Fed rate cut means for HELOC interest rates
The Federal Reserve issued another cut to the federal funds rate this week. Here's what it could mean for HELOC rates.
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The Federal Reserve made a rate cut decision today. Here's the impact on your money.
The Federal Reserve on Thursday made its second rate cut of this year, with the decision coming less than two months after the central bank's surprise jumbo cut in September. The Fed shaved ...
Apollo’s Kleinman Says ‘Open Your Eyes,’ Inflation Not Tamed
Scott Kleinman, co-president at Apollo Global Management Inc., has warned markets not to get too comfortable with the current ...
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Fed rate cut: The biggest losers and winners after the Fed's Nov. drop
The Federal Reserve’s Federal Open Market Committee (FOMC) delivered its second federal funds rate cut of 2024, lowering its benchmark rate by a quarter point to a range between 4.50% and 4.75%.
If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?
The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It ...
What November’s Fed Rate Cut Means for Mortgage Rates and Potential Homebuyers
The Fed cut rates for the second time this year. Learn how this impacts mortgage rates and what to expect in the coming ...
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Michigan's jobless rate unchanged while rate improves across
He said the upward bumps in state’s unemployment rate were largely a response to the Federal Reserve’s decision to increase ...