Mortgage Predictions: The Fed Isn't Hurrying to See Lower Rates
The Fed has two main objectives: maintain maximum employment and contain inflation. Although one single data point is never decisive, when inflation is high, the Fed generally raises interest rates to slow demand. When the unemployment rate is high, the Fed often lowers interest rates to stimulate consumer activity.
Fed Chair Powell delivers blunt message on interest rate cuts
This reality forced Federal Reserve Chairman Jerome Powell to concede the possibility Thursday that the central bank may cut key rates at a slower pace than many expected. Powell disclosed the possibility during an appearance in Dallas, Tex., sponsored by the Federal Reserve Bank of Dallas and two local groups.
Bond traders are giving only slightly better-than-even odds to an interest-rate cut next month as resilient economic data ...
Fed watchers see a greater chance the central bank may skip a rate cut at its last meeting of the year in December.
Credit card debt climbed $24 billion over a three-month stretch ending in September, soaring to a level 8% higher than where ...
Many economists still expect another quarter-point cut ahead in December. But expect more debate on the Fed's path in 2025.
Several Federal Reserve officials Wednesday reiterated their deep uncertainty over how far the central bank will need to ...
The Fed lowered rates by 25 basis points to a 20-month low, but economists say tariffs may throw a wrench in the rate cutting ...
Mortgage rates, in particular, surged last year to their highest level since 2000 but have since come down alongside ...
Friday’s stronger-than-expected economic data, combined with fresh remarks from Federal Reserve Chairman Jerome Powell on ...
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