Fed seen poised to cut rates this month, debate 2025 pause
By Howard Schneider and Ann Saphir CHICAGO/PALO ALTO, California (Reuters) - Federal Reserve officials appear on track to cut interest rates this month after data showed the U.S. labor market remained strong but continued to cool in November,
Today's Mortgage Rates | Rates Should Continue to Ease as Fed Cuts Look More Likely
These are today's mortgage and refinance rates. Mortgage rates are down this month, and they should drop further next year as the Fed lowers rates.
Will fed's rate cuts signal lower car loan rates ahead?
With car prices and loan rates high, buyers hope Fed rate cuts will lower car loan payments, easing financial strain.
Fed's Musalem expects more rate cuts, keeping options open on December meeting
St. Louis Federal Reserve President Alberto Musalem said on Wednesday he expects the U.S. central bank will be able to continue to cut interest rates but warned the pace of future actions has grown less clear.
Fed’s Musalem Says Time to Pause Rate Cuts May Be Near
Federal Reserve Bank of St. Louis President Alberto Musalem said it may be time for policymakers to slow the pace of interest-rate cuts amid higher than desired inflation and declining concerns over the labor market.
Why Powell and the Fed should pause interest-rate cuts in December
Tim Duy, chief economist at SGH Macro Advisors, said this expectation was solidified by comments from influential Fed Governor Christopher Waller that he was leaning in favor of a December cut, as well as the “lack of pushback” from other Fed officials.
Jobs report shows hiring surge as Fed weighs interest rate cut
U.S. hiring surged in November, bouncing back from a dismal performance in the previous month and returning to strong growth. Employers added 227,000 workers last month, exceeding economist expectations of 214,
Jobs Report Nudges Fed Toward a Cut, But Inflation Test Remains
The latest snapshot of the US labor market nudged the Federal Reserve closer to lowering interest rates later this month, but didn’t quite seal the deal with a key inflation report looming.
US jobs data cements Fed rate cut this month as debate turns to 2025 outlook
By Howard Schneider, Ann Saphir CHICAGO/PALO ALTO, California (Reuters) -Federal Reserve officials appear more likely to cut interest rates this month after data showed the U.S. labor market remained strong but continued to cool in November,
November jobs report: Gain of 227,000 keeps Fed on track to cut interest rates
The 227,000 increase in new jobs in November was inflated by workers returning to their jobs after a pair of major hurricanes and a strike at Boeing. Just how much? Some 30,000 of the "new" jobs were likely Boeing employees.
What Today's Jobs Report Means for Mortgage Rates and the Fed
Why can't a "strong" labor market also mean affordable mortgage rates? On Friday, the Bureau of Labor Statistics released what was generally considered a positive jobs report for November. Though unemployment inched up slightly from 4.
Fed Officials Flag Inflation Concerns Ahead of Meeting on Rates
A string of up-and-down inflation readings in the second half of 2024 have Federal Reserve officials feeling less confident ...
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Fed minutes may show start of debate over how far to go on rate cuts
Capitalize on high interest rates: Best current CD rates Public commentary since ... If so, it may imply fewer Fed rate ...
The Fed shouldn't cut rates as inflation is rising, markets are too frothy, JPMorgan Asset Management bond expert says
Traders see an 88% chance the Fed will cut rates another quarter-point in December, according to CME FedWatch.
Fed's Goolsbee hopes neutral can be in sight by late next year
Chicago Federal Reserve president Austan Goolsbee said that economic conditions will determine how fast the Federal Reserve ...
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2025 Mortgage Predictions: Low Rates Aren't Likely to Return Under Trump
It would be nearly impossible for mortgage rates to fall as low as 3% with Trump's proposed economic policies.
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 ...
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Economy is on 'solid footing', but regional Fed head is uncertain about more rate cuts
Federal Reserve Bank of Atlanta boss is optimistic about the economy heading into the new year. Yet, he's unsure rates will ...
Fed's Powell says Trump's plans for tariffs, immigration won't impact interest rate move
Fed chief Jerome Powell said President-elect Donald Trump's tariff threats won't affect an interest rate decision this month.