Fed cuts interest rates again — why you should refinance debt now
The coronavirus has wreaked havoc on the economy, and in an emergency response, the Federal Reserve slashed interest rates by a full percentage point—the second rate cut in two weeks and the largest in Fed history.
Fed Rate Cuts - Boom Or Bust?
In September 2024, Jerome Powell announced the first Federal Funds Rate cut in over four years. The Federal Funds Rate is a short-term rate related to the cost of debt in the American economy. Some expected the Federal Reserve to cut only 25 basis points,
Fed official's latest words reignite interest-rate cut debate
With the benefit of hindsight, the 50-basis-point cut in September was a mistake, though not one of great consequence,” said the former treasury secretary and Harvard preside
Fed’s emergency rate cuts affect your credit card — here’s how
The Fed cut interest rates again Sunday in an attempt to reduce “evolving risks to economic activity” caused by the coronavirus outbreak.
Fed's Daly says central bank likely on track for more rate cuts
Federal Reserve Bank of San Francisco President Mary Daly said on Tuesday the central bank remains on track for more rate cuts this year as long as data meets expectations, while noting that even with last month’s rate cut,
Fed Governor Waller says 'more caution' needed on rate cuts after data showing a hot economy
Federal Reserve Governor Christopher Waller said recent economic data shows the Fed should ease more cautiously after last month's jumbo rate cut.
Would a Strong Job Market Stop Fed Rate Cuts? This Official Says No.
Mary C. Daly, the president of the Federal Reserve Bank of San Francisco, said that the central bank shouldn’t act “out of fear.”
Fed's Waller "more cautious" on rate cuts
By Ann Saphir Palo Alto, California (Reuters) -Citing a recent uptick in inflation and data showing the U.S. economy and labor market are stronger than previously thought, Federal Reserve Governor Christopher Waller on Monday called for "more caution" on interest-rate cuts ahead.
What The Fed’s Rate Cut Means For Your Money
Looking ahead, the Fed expects to make further rate cuts— possibly another 0.50% in 2024 and 1.0% more in 2025. Additionally, the Federal Reserve now expects the unemployment rate to rise to 4.4% in 2024, and inflation to come down to 2.3%.
How will the Fed's rate cuts affect your retirement savings strategy?
But the Fed's recent rate cut, and any future rate cuts that come down the pike in the next year, should not influence your retirement savings strategy. Simply put, if you're still many years away from retirement, you should be putting the bulk of your savings into the stock market.
Fed's Waller calls for 'more caution' on rate cuts
Citing recent data showing an uptick in inflation and a U.S. economy and labor market that are stronger than previously thought, Federal Reserve Governor Christopher Waller on Monday called for "more caution" on interest-rate cuts ahead.
Fed Rate Decision: How FOMC Meetings Affect Bond ETFs
Bond exchange-traded funds, such as the iShares 20+Year Treasury Bond ETF (TLT), have become popular trading vehicles for ...
What level of impact do interest rate cuts have on mortgage rates?
After waiting years for interest rate cuts from the Federal Reserve, home buyers are now facing even higher mortgage rates.
Rent or buy? How the Fed's mortgage rate changes can help you decide
Deciding to rent or buy is no easy task. There are pros and cons to both. But with interest rates at all-time lows thanks to ...
Labor-focused Fed to continue rate cuts, Morgan Stanley Wealth Management says
The U.S. Federal Reserve will continue cutting interest rates in November, but policymakers are walking a thin line as ...
Bloomberg on MSN1d
Trump Says He Has Right to Talk to Fed Chair
Former US President and Republican presidential nominee Donald Trump says he has the right to talk to the Federal Reserve ...