5 key takeaways from the Federal Reserve's jumbo rate cut
The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.
30-Year Mortgage Rates Drop Below 6%
Mortgage rates on 30-year rates crossed a major threshold, declining to their cheapest level since early 2023. 15-year ...
The Fed gives the US its first jumbo interest-rate cut in 4 years
The Federal Reserve announced an interest-rate cut of 50 basis points on Wednesday, the first in four years after aggressive ...
Mortgage Rates Sink to Lowest Level in 2 Years
After falling below the 6% threshold Monday, 30-year mortgage rates dropped even further Tuesday to a new 5.89% average. Both ...
Jumbo-sized rate cut: Fed slashes rates by a half percentage point
In a significant shift for the US economy, the Federal Reserve is expected Wednesday to announce its first interest rate cut ...
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Key takeaways from the Fed’s decision to deliver a jumbo-sized interest rate cut
Powell also said that additional jumbo-sized cuts aren’t necessarily coming down the pike, showing that the Fed perhaps isn’t ...
‘It grows on you’: A look at the Columbus Clingstones discourse
The new Columbus Double-A baseball club wanted to create a buzz when it announced the team’s name Friday night, and create ...
Fed Announces Big Rate Cut
We concluded that this was the right thing for the economy and the people we serve,” the Federal Reserve chair, Jerome Powell ...
This airport landing is so challenging only 50 pilots are qualified to do it
Bhutan's Paro International Airport (PBH) is widely considered one of the most technically difficult plane landings in the ...
Stock Market Today: Dow scores new record close as expectations grow for jumbo rate cut
Fed-funds futures traders priced in a 59% probability the Federal Reserve will cut the key rate by 50 basis points, or half a percentage point, on Wednesday, versus a 41% probability of a standard, 25 ...
Fed to cut rates by 25 basis points on Sept. 18, twice more in 2024: Reuters poll
The Federal Reserve will lower interest rates by 25 basis points at each of the U.S. central bank's three remaining policy ...
US interest rate futures see higher odds of super-sized Fed move
Futures on the fed funds rate, which measures the cost of unsecured overnight loans between banks, have priced in a nearly 60 ...