The Fed Just Cut Rates Again, but Mortgage Rates Keep On Rising
Earlier on Thursday, mortgage rates rose again for the sixth consecutive week, hitting a four-month high of 6.79%, according to Freddie Mac. The Fed's latest rate cut, which was universally expected and thus fully priced in to bond markets, is unlikely to bring relief to mortgage rates in the near term.
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Fed lowers key interest rate by quarter point as inflation eases but pace of cuts may slowAfter a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point ...
Follow news from today's Fed meeting where the FOMC is expected to cut interest rates and chair Jerome Powell will speak.
The Federal Reserve cut rates twice in a row, bringing bank account rates down. See how high-yield checking account rates are ...
Minneapolis Federal Reserve President Neel Kashkari on Saturday said that the central bank would probably deliver fewer ...
The Federal Reserve cut interest rates by a quarter point following its November meeting. That was widely expected and ...
The Federal Reserve cut interest rates by 25 basis points Thursday, its second-straight reduction since September in a ...
(Reuters) - Major brokerages including J.P.Morgan, Barclays and Goldman Sachs retained their view of a 25-basis-point (bp) ...
Wall Street's major averages were little changed on Friday, as investors seemed to take a breather from the post election ...
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