Browsing: rate

U.S. Federal Reserve Chair Jerome Powell walks away at the end of a press conference, following the issuance of the Federal Open Market Committee’s statement on…

Key insight: Bank stocks rose Wednesday after the Fed announced plans to cut the federal funds interest rate by one-quarter of a percentage point.What’s at stake:…

What’s at stake: The Federal Reserve’s interest rate-setting body is expected to cut the federal funds rate by 25 basis points, but markets are also listening…

Federal Reserve Chairman Jerome Powell speaks at Jackson Hole on Aug. 22, 2025 in Wyoming.David A. Grogan | CNBCThe Federal Reserve meets this week with some…

Mortgage rates had another winning day today on the eve of the big Federal Reserve rate decision.This one was kind of unexpected since there was no…

There’s a saying known as “sell the news,” in which traders position themselves on a well-known rumor, then unwind once the news hits.That rumor could be…

It seems more and more banks and lenders are banking on mortgage rates moving lower in the near future.The latest being a Michigan-based credit union, which…

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How banks handled the 2024 Fed rate cuts — and what it means for your savings today Source link

The stock market kicked off the historically tough month of September on a rocky note as Wall Street speculated about the magnitude of the Federal Reserve’s…