After 2 Fed rate cuts, some CD rates are climbing back up above 4% APY
The last two Fed meetings resulted in rate cuts. Short-term CD rates have continued to lower, but some long-term CD rates are rising back up again.
Fed minutes may show start of debate over how far to go on rate cuts
Powell just a week after the meeting said the economy was "not sending any signals that we need to be in a hurry to lower rates."
Wall Street sees 'slower' pace of Fed rate cuts in 2025
When accounting for the various policies, Deutsche Bank estimates the US economy will grow at an annualized rate of 2.5% in 2025, with the rate of unemployment ending the year at 3.9% (down from 4.1% currently) and the Fed's preferred inflation gauge, "core" Personal Consumption Expenditures (PCE), ending 2025 at 2.6%.
The Fed might not cut interest rates at all in 2025, Deutsche Bank economist says
"Unemployment is going to come down, growth is going to come up, inflation is going to come up," Deutsche Bank's chief US economist said.
Here's How Much You Can Earn With the 3 Best Savings Accounts -- Even After Fed Rate Cuts
Don't give up on savings accounts. Even after Fed rate cuts, the best high-yield savings accounts are worth a look. See how much you can earn!
Here's why the Fed doesn't need to aggressively cut rates
The Federal Reserve cut interest rates by 50 basis points in September and followed up with another reduction of a quarter percentage point in November. Steve Sosnick, Interactive Brokers chief strategist,
If the Fed is cutting interest rates, why are mortgages and business loans costing more?
Kent, the mortgage banker, noted that Fed rate cuts have more impact on credit cards, car loans, and other short-term borrowing than on business and mortgage loans. If mortgage rates stay high, he expects more buyers will ask for adjustable-rate loans, as if betting that rates will fall over the next few years.
Rise In October Consumer Inflation Not Enough To Stop Fed Rate Cuts
Consumer inflation accelerated in October 2024. However, the odds of a Federal Reserve interest rate cut on December 18 are still high.
Data Keep Markets in Suspense About Fed Cuts
U.S. inflation remains above target while Trump policy announcements jolt markets, leaving big questions hanging over the ...
Today's Mortgage Rates | Rates May Ease Next Year, But It Depends on the Fed
These are today's mortgage and refinance rates. Mortgage rates might not drop much this month, but they're expected to go ...
Why Trump’s tariff plans could lead to higher interest rates
President-elect Donald Trump’s promise to impose stiff tariffs against America’s three biggest trading partners is widely ...
Fed’s Goolsbee Argues for Rate Cuts Barring Signs of Overheating
Federal Reserve Bank of Chicago President Austan Goolsbee said he foresees the central bank continuing to lower rates toward ...
Fed’s recent rate cuts could improve borrowing options for state and local government projects
The Federal Reserve’s second consecutive key rate cut could mean more than just lower borrowing costs for the average ...
Profit outlook contradicts estimates for rate cuts: Societe Generale
Investors face a contradiction going into 2025 as they expect the Federal Reserve to cut interest rates and for U.S.
Factbox-Most brokerages retain expectations of 25-bps rate cut from US Fed in December
Major brokerages reiterated their view of a 25-basis-point (bp) interest-rate cut by the U.S. Federal Reserve in December ...
Wall Street weekly outlook: Jobs data set to pave way for rates path, stocks
Stocks are heading into December with the benchmark S&P 500 near record highs following an over 25% year-to-date gain.