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.
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%.
Fed Cutting Rates Cautiously, Meeting Minutes Show
Key Takeaways Minutes from the Federal Open Market Committee's latest meeting confirmed that policymakers are taking a cautious approach to cutting interest rates.The release of the minutes Tuesday, from a meeting in early November,
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."
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,
Fed eyes ‘gradual’ approach to cutting U.S. interest rates, minutes show
Many” senior Federal Reserve officials said a more gradual approach to reducing interest rates was warranted in light of ongoing uncertainty about the U.S. economy and the appropriate level of borrowing costs,
Federal Reserve officials signal cautious path for rate cuts amid still-high inflation
With inflation still elevated, Federal Reserve officials expressed caution at their last meeting about cutting interest rates too quickly, adding to uncertainty about their next moves
Fed says it believes inflation will continue to fall; possible rate cuts ahead
Despite inflation in some sectors remaining outside the Federal Reserve's benchmark of 2%, officials indicated they are pleased with the current easing of interest rates, and more gradual cuts may follow.
Fed Kept Options Open on Rate Cuts, Minutes Show
Minutes from the Federal Reserve’s November meeting offered little signal about whether officials would cut interest rates at their next gathering, though they suggested that policymakers did expect to continue to lower borrowing costs “gradually” over time.
Traders Are Betting the Fed Will Cut Rates Again in December
The Federal Reserve cut interest rates at its last two meetings–and the odds are shifting in favor of it making it a hat-trick next month. Traders think there's a 67% chance the central bank slashes borrowing costs by 25 basis points and just a 33% chance it stands pat on Dec.
Fed officials cautious about cutting interest rates too quickly
With inflation still elevated, Federal Reserve officials expressed caution at their last meeting about cutting interest rates too quickly, adding to uncertainty about their next moves. Even if inflation continued declining to the Fed's 2% target,
Today's Mortgage Rates | Where Rates Go Next Is Still Uncertain
These are today's mortgage and refinance rates. Mortgage rates are supposed to drop next year, but that hinges on inflation ...
Fed's Goolsbee makes case for lower interest rates
Chicago Federal Reserve President Austan Goolsbee said the neutral rate is "well below" where it is right now, and ...
Trump Should Challenge the Fed’s Policies
An independent agency of government shouldn’t have such enormous power to skew financial outcomes.
30-Year Refinance Rates Tick Back Down to Recent Low
Refinance rates continued yo-yoing near a two-week low Wednesday after a sharp decline Monday. Rate movement declined across ...
Fed to lower rates in Dec but slow pace in 2025 on inflation risks: Reuters poll
The U.S. Federal Reserve will trim interest rates next month but make shallower cuts in 2025 than expected just a month ago ...