Inflation Picks Up to 2.6%, but Door Stays Open to Fed Rate Cut
Fed officials are looking to slow the pace of rate cuts in the year ahead, and there is also the possibility they could cut in December and then signal that further interest-rate reductions will be moving to an every-other-meeting schedule. This would ...
Next Fed rate cut could be 'least justified one in modern history': Leuthold Group
Forget the "Fed put." These days, it's starting to seem like the Federal Reserve has been working on a new derivative: the Fed call. That's according to Doug Ramsey, chief investment officer and portfolio manager at the Leuthold Group.
'Fed still set to cut rates despite inflation' - 13 Nov 2024
Michael Reid, the US Economist at RBC Capital Markets, says the Fed is still on track for a rate cut in December.
TSX rises as US data firms Fed rate cut bets
Canada's main stock index rose slightly on Wednesday after a rally in the previous session, as U.S. inflation data reinforced expectations for a Federal Reserve interest-rate cut next month.The S&P/TSX composite index was up 15.
The Fed Cut Interest Rates In November, And More Rate Cuts Are Coming
The Federal Reserve cut interest rates by 0.25% on November 7. More interest rate cuts are likely through the end of 2026.
Fed’s Kashkari Says Only Inflation Could Derail December Cut
Federal Reserve Bank of Minneapolis President Neel Kashkari said he’ll be looking at incoming inflation data to determine whether another interest-rate cut is appropriate at the US central bank’s December meeting.
What the Fed rate cut means for mortgage interest rates
Mortgage rates, in particular, surged last year to their highest level since 2000 but have since come down alongside inflation. But it's been a bumpy ride back to the bottom in recent weeks. What, then, does this latest Fed rate cut mean for mortgage interest rates? That's what we'll break down below.
A Fed rate cut may be coming, but it may be too small for Americans to notice
The Fed is expected to cut rates for a second straight month but by a smaller amount. How and when consumers may feel the effects isn't as clear.
Inflation rises 2.6% in October after Fed starts interest rate cuts
U.S. inflation rose 2.6% on an annual basis in October, matching forecasts from economists, but signaling a bumpy road ahead in the Federal Reserve's battle to tame inflation. CBS News MoneyWatch correspondent Kelly O'Grady has more.
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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Mortgage rates inch closer to 7% after Fed rate cut and Trump’s win
The 30-year rate rose for the seventh week in a row, after Donald Trump won the presidential election and the Federal ...
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Fed should proceed 'with caution' on rate cuts, Logan says
Logan did not speak directly to her view on the appropriateness of a rate cut at the Fed's Dec. 17-18 meeting, but her ...
Treasury Yield Curve Spread Surges, Signaling a Fed Rate Cut
The Treasury ‘yield curve’ has spoken: the Federal Reserve's scope to cut interest rates has moved higher. The benchmark yield curve, a term that describes the differentials in returns between the two ...
Today's Mortgage Rates, November 12, 2024 | Rates Drop Back Down
These are today's mortgage and refinance rates. Mortgage rates are down slightly today, but they're still higher than they've ...