How closely do mortgage interest rates tend to follow the Fed's rate decisions?
The Federal Reserve slashed the federal funds rate last week for the first time in four years, boosting borrower hopes that ...
Will mortgage rates drop in October without a Fed meeting?
Mortgage rates are in the 6.00% range now, but could that change? Here's what could happen in October, experts say.
Credit Agricole Joins Rush for Unusual Capital as Fed Cuts Rates
Credit Agricole SA is looking to raise capital with a bond that has to be repaid after only a decade, adding to a recent raft ...
‘I’m overwhelmed’: I inherited $185,000. With the Fed lowering rates, should I park it in 5% CDs or high-yield savings accounts?
My brother got a better interest rate because he acted fast, and here I am twiddling my thumbs, overwhelmed with banks.” ...
How Upcoming Economic Data Could Affect Fed's Decisions on Interest Rates
Key Takeaways Federal Reserve officials said Monday that the economy remains strong, but that they will be monitoring ...
The Fed Cut Rates but Is Just Getting Started -- Here's What CD and Savings Account Interest Rates Could Do in 2025
The Federal Reserve typically cuts or raises rates in a cycle, not all at once. See why this is important for your finances.
Fed officials leave door open to another large interest-rate cut
A handful of Federal Reserve officials on Monday left open the door to additional large interest-rate cuts, noting that ...
Lone Fed dissenter worried bigger rate cut would send signal of 'economic fragility'
Fed governor Michelle Bowman elaborated in a speech Tuesday about her dissent from last week's jumbo rate cut, saying that ...
Fed's rate cut offers limited relief for US factories facing China competition
"What the Fed can do is create expectations for short-term growth with a rate cut, which is powerful," said Cliff Waldman, ...
Fed’s Goolsbee Sees ‘Many More’ Rate Cuts Over the Next Year
Federal Reserve Bank of Chicago President Austan Goolsbee said interest rates need to be lowered “significantly” to protect ...
Biden administration gets boost from Fed rate cut
The Biden administration is touting its confidence in the economy after a Federal Reserve interest rate cut spurred a stock market rally. Markets popped last week after the Fed cut interest rates ...
Fed officials say risks to jobs warranted rate cut as debate shifts to pace of easing
The U.S. economy is close to normal rates of inflation and unemployment and the Federal Reserve needs monetary policy to ...