Welcome to interest-rate-cut week: Here's how the Fed's next move will impact everything from home prices to new-car loans
The Federal Reserve is expected to finally announce interest-rate cuts this week. Here's everything you need to know.
The Fed seems ready to cut interest rates. What does it mean for consumers and their debt?
The Fed is expected to cut interest rates this week, a decision likely to be the start of a gradual decline in how much consumers pay for cars, houses and everything they buy on credit. Just don’t expect sudden changes.
Fed Once Again Expected To Make Jumbo Interest Rate Cuts At This Week’s ‘Weighty’ Meeting
This is the least confident investors have been in the outcome of a Fed summit since at least 2015, according to Bank of America research.
The Fed is finally about to cut interest rates. What took so long?
It’s a pivotal week for the US economy, with the Federal Reserve expected to cut interest rates for the first time since 2020. The move would mark a major milestone both for the central bank’s long fight with inflation and for Americans battling a higher cost of living for the past two years.
Will the Federal Reserve cut interest rates fast enough to deliver a ‘soft landing’?
American consumers and home buyers, business people and political leaders have been waiting for months for what the Federal Reserve is poised to announce this week: That it’s cutting its key interest rate from a two-decade peak.
Interest Rate Cuts Are Days Away. How Low Will the Fed Go?
Today’s CME FedWatch data, a tool that measures the likelihood of changes to the federal funds rate, shows the barometer shifting rapidly over the weekend in favor of a half-point cut. Just last week, the general consensus was that the Fed would carry out a more traditional quarter-point reduction.
Fed Meeting Highlights Economic News With a Cut in Interest Rates Teed Up
The central bank will almost certainly lower interest rates when it concludes its meeting on Wednesday. But there is still uncertainty over how big the cut will be.
When's the next Federal Reserve meeting? Here's when to expect updates on current rate.
Following July's meeting, Federal Reserve Chair Jerome Powell said, "The economy is moving closer to the point where it will be appropriate to reduce our policy rate. That time is drawing near. That time could be in September if the data support that.
Here’s what a Fed rate cut this week could mean for your wallet
If the Federal Reserve cuts interest rates this week, this is how it could affect mortgages, car loans, credit cards, and more.
Will mortgage interest rates drop this week? Here's what to know
The Federal Reserve is set to issue its first rate cut since 2020 this week. Here's what it means for mortgage rates.
Here’s what you should know about buying a home ahead of a likely interest rate cut
On Wednesday, the Federal Reserve is widely expected to cut interest rates after keeping them at a 23-year high for more than ...
Stock market today: Dow sets a record as Wall Street gears up for a cut to interest rates
After recouping its losses from early September, the Dow Jones Industrial Average closed at another all-time high.
Gross interest payments on US debt topped $1 trillion
The federal government has paid north of $1 trillion in gross interest payments on its debt for fiscal 2024 as the national ...
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Could the Election Impact Interest Rates?
Interest rates have loomed large for the past two years as the Federal Reserve raised the federal funds rate to its highest ...
The Fed's Next Interest Rate Move Is Anyone's Guess—That's Unusual
The Federal Reserve is widely expected to cut interest rates Wednesday for the first time in four years, but market ...
Tammy Baldwin faces conflict of interest concerns over partner's Wall Street gig
Baldwin is being criticized for not disclosing her partner's assets or clients because they are unmarried despite purchasing ...
Interest rates are dropping. Why so many investors are clinging to cash, CDs and savings accounts.
When the Federal Reserve began raising interest rates in 2022, financial adviser David Flores Wilson needed time convincing ...