With a Fed Rate Cut Looming Thursday, Grab This 5.50% CD Before It Disappears
Any lock on a top-paying CD is smart before the Fed makes its move this week. Rates of 5%+ are available with guarantees up to a year, but longer rate locks are wise too.
Why the stock market will likely get two more Fed rate cuts in 2024
Short-term U.S. interest rates are likely to be lower on Inauguration Day in 2025 than they are on Election Day, and that means the U.S. Federal Reserve almost certainly will continue to cut the benchmark federal funds rate — not just this week but at its December meeting as well.
Mortgage Rates Won't Drop Despite Another Fed Rate Cut. Here's Why
You shouldn't rush into a home purchase (even if rates are falling) if it doesn't make sense for your budget or lifestyle. Taking extra time to build your credit score and put aside cash for a bigger down payment will help you in the long run, while also helping you save money on your future mortgage.
Americans are probably getting another interest rate cut this week — just days after the election
It's likely that the Federal Reserve will cut interest rates by a quarter point on Thursday, closing out a busy week after the election.
US Fed To Debate Rate Cut In Shadow Of Presidential Election
The US Federal Reserve is widely expected to cut interest rates again this week, while votes are being counted in one of the closest-fought presidential races in decades.
Fed Interest Rate Cuts Are Coming After Weak October 2024 Payrolls
The October payrolls were the weakest since December 2020. With just 12,000 net new jobs added during the month, more Federal Reserve interest rate cuts are coming.
Election Day, a Fed rate cut, and more AI earnings: What to watch in the markets this week
After a whirlwind week of tech earnings, it’s time to take a deep breath and fasten your seat belts again for another big ride. This week is expected to be intense, high-stakes, and perhaps exhausting as Americanshead to the polls to decide the country’s 47th president.
Another Fed rate cut is ahead but also likely is ongoing uncertainty after the election
The Fed is expected to cut rates on Thursday and possibly again in December. What can savers and borrowers expect?
Markets See Another Cut At November Fed Interest Rate Meeting
Markets expect the Federal Open Market Committee to cut interest rates again by 0.25% on November 7 with a larger cut currently viewed as unlikely.
The stock market is expecting more interest-rate cuts than the Fed can give
What will happen to mortgage rates after this week's Fed rate cut?
The Federal Reserve is set to issue another rate cut this week. Here's what could then happen to mortgage rates.
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After likely quarter-point rate cut, Fed may slow pace of drops if inflation lingers
After slashing its key interest rate by a hefty half percentage point in September, the Federal Reserve is expected to ...
November FOMC Preview: Will Fed Pause, Skip, Or Cut Interest Rates?
The Federal Reserve will issue interest rate decision on Nov. 7. See how markets might expect the Fed to interpret the job ...
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A Trump win could prompt the Fed to hit pause on its rate-cutting cycle, JPMorgan strategy chief says
Kelly said the impact of those policies would prompt the Fed to pause interest rate cuts. "I think they will take a ...
The economy grew 2.8% in the third quarter. How it could affect Fed interest rates
In the third quarter, consumption increased at an annual rate of 3.7%, above the 2.8% pace in the second quarter. Consumer ...
Despite a half-point Fed rate cut, the average credit card interest rate fell by just 0.13%, report finds
Credit card APRs are edging lower after the Federal Reserve cut interest rates by a half point, but not by much.
Muddled Jobs Data May Do Little to Alter Immediate Fed Rate Path
Hiring stalled out in October, but that happened as two hurricanes hit the country, most likely substantially affecting job ...
Gold Steady as Market Holds Breath Before Tight US Election
Gold was steady as the market braced for a tight US election, and a Federal Reserve rate decision later in the week.