The Fed’s Big Rate Cut Wasn’t Political. It Was an Economic No-Brainer.
But while the Fed’s action will surely have political consequences, it wasn’t a political decision. The straight economic ...
What does the interest rate cut mean for mortgages and homebuyers?
Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the ...
The Fed just made a jumbo rate cut. Here are 5 takeaways on what it means for mortgages and more.
The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.
Biden says Fed made ‘declaration of progress’ with interest rate cut
President Joe Biden is celebrating the Federal Reserve’s decision to lower interest rates by saying it shows that inflation ...
The Dow closed above 42,000 for the first time after the Fed's big interest rate cut
The Dow Jones Industrial Average (SPGI) jumped 522 points Thursday and closed at a new record high, as the Federal Reserve’s ...
The Fed's interest-rate cut put Trump even more at odds with the central bank
Donald Trump has argued that the Fed would only cut interest rates close to the election to help his political opponents.
Mortgage rates drop to lowest since early February 2023 after Fed’s jumbo interest rate cut
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
30-Year Mortgage Rate Drops to 6.09% After Fed Rate Cut
The decline in mortgage costs, influenced by expectations of the Federal Reserve’s rate moves, could revive interest in ...
The Fed’s interest rate cut reflects an increasingly troubled economy
On Wednesday, the Federal Reserve lowered its benchmark interest rate by half a percentage point. The action will take the ...
The Fed finally cut interest rates. Here's what comes next.
Don't expect an immediate impact from the Fed cutting interest rates. But that doesn't mean you can't start planning now.
Bank of England keeps its main interest rate on hold at 5% in wake of big US Fed rate cut
On Wednesday, the Fed became the latest major central bank to reduce borrowing costs, cutting its main interest by half of a ...