The Federal Open Market Committee will announce its next scheduled decision on interest rates on December 18. A rate cut is ...
Most expect the Federal Open Market Committee to cut interest rates in 2025. The question of how much will be informed by ...
Years of high interest rates are finally giving way, offering the prospect of economic relief to thousands of Nebraskans.
It remains uncertain how far interest rates can fall, though the initial reductions made by the U.S. central bank are a vote ...
Kent, the mortgage banker, noted that Fed rate cuts have more impact on credit cards, car loans, and other short-term ...
Money market funds attracted record inflows since 2022. Now, that's set to flow back to the market as rates come down and ...
Cutting the federal funds rate is never a guarantee that mortgage rates will fall, since the two are not directly connected.
The U.S. Federal Reserve is no longer expected to cut interest rates at its December policy meeting, Nomura has said, making ...
After a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point ...
When inflation is high and the economy is in overdrive, the Fed tries to pump the brakes by discouraging borrowing. It does ...
Mortgage rates, in particular, surged last year to their highest level since 2000 but have since come down alongside ...
The Federal Reserve has said they are committed to reducing inflation from the June 2022 high of 9.1% back to under 2%.