How the Fed's Rate Cuts Will Affect Your Money—And What to Do About It
The Federal Reserve cut its influential interest rate for the second meeting in a row last week to boost the economy and prevent a rise in unemployment, but it may take a while for consumers to see its effects.
Fed Likely To “Pause” Rate Cuts; Interest Rates “Higher For Longer”
The equity markets were flat to down all week, perhaps digesting the upturn after the election. After all, year to date, equities are up in the 20% range.
Prediction: The Fed's Rate Cuts Will Lead to Lower Home Prices in 2025
The Federal Reserve's rate cuts won't directly lower home prices in 2025. But they could spur a chain reaction that leads to a drop in home prices.
Fed’s Powell: Rate cuts are still underway, but there’s no hurry
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested they might not be that much lower over the next few months.
Fed's Goolsbee sees another 125 bps of rate cuts by end-2025
Federal Reserve Bank of Chicago President Austan Goolsbee on Friday signaled he feels the U.S. central bank will likely end up cutting the policy rate by another quarter of a percentage point this year and a full percentage point further next year,
Are the Fed's Rate Cuts Over Now That Inflation Is Rising Again?
October's Consumer Price Index (CPI), which measures changes in the cost of consumer goods and services, showed that annual inflation rose by 2.6%. That's not an alarmingly high rate of inflation. It's also only a modest uptick from September's CPI reading, which measured annual inflation at 2.4%.
Inflation Rose in October, Raising Concerns for Fed Rate Cuts
October's annual inflation rate ticked up for the first time in seven months, after more than two years of gradual cooling.
Bitcoin slips as Fed signals rate cuts unlikely in December
Speaking in Dallas, Powell noted the economy’s resilience, stating there’s “no hurry to lower rates.” The Fed had previously reduced rates by 50 and 25 basis points in September and November, but market odds of a December cut have now dropped to 59%.
Las tasas serán mucho más bajas en 12-18 meses, dice Goolsbee de la Fed
El presidente del Banco de la Reserva Federal de Chicago, Austan Goolsbee, afirmó que mientras la inflación siga bajando hacia el objetivo del 2% del banco central, las tasas de interés serán “mucho” más bajas en los próximos 12-18 meses.
Rate will move lower long as we keep making progress toward 2% inflation, says Fed's Austan Goolsbee
Austan Goolsbee, Chicago Fed president, joins CNBC's 'Squawk Box' to discuss macro outlooks. Mike Tyson vs. Jake Paul: Legendary boxer slaps social media star ahead of fight 10 Things Smart Retirees Do to Never Work Again Tropical Storm Sara's Path Makes 'Remarkable Change' 25 Incredible Comebacks: Roles That Revived Hollywood Careers Janelle Bynum beats incumbent Republican U.
Investors are underestimating how deep rate cuts will be in 2025, Goldman says
Goldman thinks the Fed will cut rates more aggressively than expected through the end of 2025.
Credit card rates have barely budged, despite interest rate cuts. Here's why
Credit card debt climbed $24 billion over a three-month stretch ending in September, soaring to a level 8% higher than where ...
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More rate cuts could be coming soon
Power said more rate cuts are likely underway because the economy’s current trends and dynamics are expected to remain in ...
Lock in a mortgage rate after the Fed cuts? This might be your last chance
“If the Fed holds back on rate cuts, mortgage rates could remain higher for longer.” Should you lock in a lower rate now? Nina Gidwaney, head of refinance and home equity at Chase Home Lending, ...
The Fed may slow the pace of rate cuts next year, says Morgan Stanley Wealth's Ellen Zentner
Ellen Zentner, chief economic strategist at Morgan Stanley Wealth Management, joins CNBC's 'Closing Bell Overtime' to discuss ...
Wall St sinks on Powell rate-cut caution, Trump cabinet picks
Wall Street's main indexes closed lower on Friday, with the S&P 500 and Nasdaq notching their biggest one-day losses in two ...