October inflation data meets forecasts, keeping Fed on track for December rate cut
New inflation data out Wednesday showed consumer prices rose as forecast in October, keeping the Federal Reserve on track to lower interest rates again in December. The latest data from the Bureau of Labor Statistics showed that the Consumer Price Index (CPI) increased 2.
Kansas City Federal Reserve Bank President Jeffrey Schmid on Wednesday said the U.S. central bank's interest-rate cuts to ...
Many expected home loan rates to walk in the same direction as the Fed's benchmark interest rate. But mortgage rates ...
Forget the "Fed put." These days, it's starting to seem like the Federal Reserve has been working on a new derivative: the ...
The U.S. central bank should proceed cautiously on further interest rate cuts to keep from inadvertently reigniting inflation ...
Many economists still expect another quarter-point cut ahead in December. But expect more debate on the Fed's path in 2025.
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The Fed Just Cut Interest Rates Again. Should You Sign a Mortgage ASAP?The Fed has lowered its benchmark interest rate twice this year, with its most recent rate cut in November. While ...
U.S. stock index futures turned positive on Wednesday after an in-line reading of the consumer price index did little to ...
The 30-year rate rose for the seventh week in a row, after Donald Trump won the presidential election and the Federal ...
The Federal Reserve cut interest rates by 0.25% on November 7. More interest rate cuts are likely through the end of 2026.
On Nov. 7, the Federal Reserve implemented a 0.25% reduction to the federal funds rate, its second cut in over four years.
Mortgage rates, in particular, surged last year to their highest level since 2000 but have since come down alongside ...
Minneapolis Fed President Neel Kashkari said Tuesday the Federal Reserve could hold off on an interest rate cut in ...
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