Richmond Fed president urges caution on interest rate cuts because inflation isn’t defeated
A Federal Reserve official says he supports reducing the central bank’s key interest rate somewhat from its current level.
Fed should cut interest rates 'gradually,' Musalem says
St. Louis Federal Reserve Bank President Alberto Musalem on Friday said the U.S. central bank should cut interest rates "gradually" after what he called the "strong and clear message" of a half-point interest-rate cut last week,
How Low Might Mortgage Rates Go As The Fed Cuts Interest Rates?
Last November, the 30-year mortgage rate approached 8%. After the Federal Reserve cut interest rates on September 18, it’s approaching 6%.
Fed's Favored Inflation Gauge Shows Cooling Price Pressures, Clearing Way for More Rate Cuts
The Federal Reserve’s preferred inflation measure provided the latest sign that price pressures are easing, a trend that is expected to fuel further Fed interest rate cuts
PCE report for August: Inflation data in the spotlight after Fed's half-point rate cut
Wall Street doesn't like surprises - and it's not expecting one with today's August PCE inflation report, as my colleague Steve Goldstein noted. Here's a bit more on the current inflation outlook and where prices are headed.
US Fed's preferred inflation measure edges down in August
An inflation metric closely watched by the US Federal Reserve crept lower Friday, according to government data, supporting the central bank's decision earlier this month to begin cutting interest rate
Fed's go-to measure confirms slowing inflation
The Federal Reserve's favorite inflation gauge showed mild price increases for yet another month as incomes held steady and consumers pulled back on spending, the government said on Friday. Why it matters: Inflation kept receding in August,
New PCE reading supports case for smaller Fed rate cut in November
A fresh reading on inflation Friday keeps the Federal Reserve on track to continue cutting interest rates this fall — likely in 25 basis point increments.
How Low Will Interest Rates Go? Powell Speech Monday Could Give Clues
The Federal Reserve’s key interest rate is headed down in the coming months, but how far, and how fast? Fed Chair Jerome ...
HELOC interest rates are dropping. Here's why you should open one now.
As interest rates cool, HELOCs will become cheaper for homeowners in need of extra cash. Here's what to know now.
History Says the Stock Market Will Make a Big Move Now That Interest Rates Are Falling
With valuations elevated and analysts predicting the S&P 500 will decline in the coming months, investors should be cautious ...
Why Interest Rates May Rise Again Sooner Than You Think
Rate cuts are finally here. So will we actually hit that vaunted “soft landing” everyone’s been talking about?
Mortgage interest rates today: Rates are down
The current median interest rate is 5.990% for a 30-year fixed-rate mortgage and 5.125% for a 15-year fixed-rate mortgage.
Global hunt for neutral interest rate to shape finance costs
With key central banks now aligned in cutting interest rates a real-time experiment is underway in how much the global ...
What experts say homebuyers should do with interest rates falling
Having a higher down payment can often qualify you for a lower interest rate, as it means the lender has to loan you less ...
Canning makes a comeback: New interest in old-time food preservation
Canning enthusiasts include millennials, families with young children and sustainability enthusiasts. According to the U.S.
TotalEnergies buys 45% interest in dry gas-producing assets in Eagle Ford basin
TotalEnergies (NYSE:TTE) has signed an agreement with Lewis Energy Group to acquire a 45% interest in dry gas producing ...
Lower Interest Rates Don’t Guarantee a Soft Landing
Whether interest-rate cuts from the Federal Reserve help engineer a soft landing depends only partly on how much weakness is ...