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.
As the Fed Cuts Rates, Treasury Yields Are Rising
As expected, yields on short-term Treasury bills fell in kind, with the 3-month yield dropping from 4.87 percent on September 16 to 4.54 percent today. But surprisingly, longer-term yields moved in the opposite direction of the federal funds rate,
Federal Reserve lowers interest rates by 0.25 percentage points in second cut of 2024
The Federal Reserve announced its second interest rate cut of 2024, but Trump's economic priorities could impact future policy.
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
Fed Cuts Interest Rates For Second Time In 2024
In a move that was widely anticipated, the Federal Reserve has cut the federal funds rate by 0.25 percentage points, to a new target range of 4.50% to 4.75%. Thursday’s rate cut comes after the Fed cut interest rates for the first time in four years back in September,
Why Fed Rate Cuts Aren't a Cure-All for High Mortgage Rates
On Nov. 7, the Federal Reserve implemented a 0.25% reduction to the federal funds rate, its second cut in over four years. Prospective homebuyers are eager for a silver lining in the housing market. But experts don't anticipate dramatically lower rates before the end of the year.
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.
The Fed Cuts Rates, but the Path Ahead Is Less Clear
The Federal Reserve is reducing rates in response to cooling inflation. Donald Trump’s presidential victory has pumped up uncertainty.
Inflation Report Keeps December Rate Cut in Play
The October consumer-price index keeps the door open for Federal Reserve officials to cut interest rates at their meeting next month. A monthly rise of 0.28% in prices, excluding volatile food and energy items,
U.S. inflation rose 2.6% in October, a month after the Federal Reserve began cutting rates
U.S. inflation rose 2.6% on an annual basis last month, representing an uptick from September when the Federal Reserve began cutting interest rates amid signs of cooling prices and a weaker labor market.
October inflation data meets forecasts, keeping Fed on track for December rate cut
New inflation data out Wednesday showed consumer prices rose as forecast in October, keeping the Federal Reserve on track to lower interest rates again in December. The latest data from the Bureau of Labor Statistics showed that the Consumer Price Index (CPI) increased 2.
CBS News on MSN6d
The Federal Reserve made a rate cut decision today. Here's the impact on your money.
That brings down the federal funds rate — the interest rate banks charge each other for borrowing money — to a range of 4 ...
The Motley Fool1d
The Fed Just Cut Interest Rates Again. Should You Sign a Mortgage ASAP?
The rate of inflation has been slowing, so the Fed doesn't need to keep its federal funds rate as elevated. Raising the ...
Yahoo Finance6d
Federal funds rate: What it is and how it affects you
What is the federal funds rate? The federal funds rate is the interest rate the government sets for one bank to charge another bank for ultra-short-term loans, usually just overnight. It's ...
What the Latest Fed News Tells Us About 2025 Savings and CD Rates
Today's widely anticipated Fed rate announcement will have a notable impact on savers. Here's what to expect for savings and ...
Today’s 30-year mortgage interest rates stay at 6.88% while 15-year terms climb to 6.25%
Thinking about taking out a mortgage loan? Current mortgage rates remain at 6.88% for 30-year terms, while 15-year terms rise ...
Understanding The Future Direction Of Mortgage Rates
To better understand the future direction of mortgage rates, we need to understand what factors influence them.
Investopedia1d
These 9 Savings Accounts Pay the Highest Rates in the Country—As Much as 5.50%
We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Sabrina ...
Banks await loans spurred by rate cuts, more questions raised
"Dollar saw an increase in residential and consumer activity when long-term rates fell below 6.5% in late summer ahead of the ...