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 lower rates by a more measured quarter point Thursday and several times next year as inflation continues to ease. But if the Fed veers ...
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.
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.
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.
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?
Investors Bet on Quarter-Point Rate Cut as Fed Meeting Looms
The U.S. election is grabbing all the headlines on Tuesday–but it's not the only vote that could move markets this week. The Federal Reserve will end its two-day November meeting on Thursday afternoon,
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 ...
Mortgage Rates Today, Nov. 5: Median Rate Stays at 6.88%
The current median interest rate is 6.88% for a 30-year fixed-rate mortgage and 6.13% for a 15-year fixed-rate mortgage ...
Interest rate forecast 2025: Consumers can expect lower rates
Assuming inflation remains near 2%, interest rates will likely continue to trend lower. The FOMC projects a fed funds rate of ...
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.
Reuters on MSN1d
Gold holds ground ahead of US election and Fed interest rate decision
Gold prices were little changed on Monday as investor caution prevailed ahead of the U.S. presidential election and looming ...
CNET on MSN5d
Inflation Cools in September, but Don't Expect Another Jumbo Interest Rate Cut
The Fed surprised many in September when it voted to cut the federal funds rate by a half-percent instead of the expected ...
What's the mortgage interest rate forecast for November 2024?
After falling in September, mortgage interest rates rose again in October. Here's what could happen this November.
Argentina cuts interest rate to 35% as inflation outlook eases
Argentina's central bank cut its benchmark interest rate to 35% in a surprise move on Friday, boosting local markets and ...
Interest rates are going down. But mortgage rates are going ... up?
Interest rates are going down — but aspiring homeowners waiting ... This week, the Fed is expected to give the economy a ...