Fed cuts interest rates again — why you should refinance debt now
The coronavirus has wreaked havoc on the economy, and in an emergency response, the Federal Reserve slashed interest rates by a full percentage point—the second rate cut in two weeks and the largest in Fed history.
The Fed is cutting interest rates, so why are mortgage rates rising?
It’s been a month since the Federal Reserve shifted from fighting inflation with high interest rates to supporting the job market with the first in what is expected to be a series of rate cuts.
Fed Rate Cuts - Boom Or Bust?
In September 2024, Jerome Powell announced the first Federal Funds Rate cut in over four years. The Federal Funds Rate is a short-term rate related to the cost of debt in the American economy. Some expected the Federal Reserve to cut only 25 basis points,
Fed’s emergency rate cuts affect your credit card — here’s how
The Fed cut interest rates again Sunday in an attempt to reduce “evolving risks to economic activity” caused by the coronavirus outbreak.
ECB Cuts Rates Again, Widening Gap With Fed
The European Central Bank lowered its key interest rate to 3.25%, making its second straight cut. The move widens the gap in benchmark borrowing costs with the Federal Reserve. Find out more:
Morning Bid: ECB to cut, markets want clues on next move
A look at the day ahead in European and global markets from Tom Westbrook The European Central Bank is expected to make its first back-to-back rate cut in 13 years on Thursday. With that in the price,
ECB Follows Fed With Interest-Rate Cut. Why It’s Just Getting Going.
Dow, S&P 500, and Nasdaq futures are rising in premarket trading Thursday as the stock market reacts to Taiwan Semiconductor earnings in light of the recent ASML selloff.
Rates Spark: Markets Now Contemplating A 50bp December ECB Cut
The ECB cut the deposit rate by 25bp, but the communication was more dovish than anticipated. Markets are now pricing in a 25% chance of a 50bp cut in December, which seems overly ambitious.
Fed's Bostic says he is in no rush to get rates down to neutral
Atlanta Federal Reserve Bank President Raphael Bostic said Friday he will be patient on cutting rates to make sure inflation ...
The government is getting fed up with ransomware payments fueling endless cycle of cyberattacks
As ransomware cyberattacks escalate, government officials say companies are making bad decisions on the 'pay or not pay' ...
Several banks are still paying close to 5% for your cash, one month after the Fed cut rates
One month ago, the Federal Reserve cut its interest rates, lowering bank account rates. Find out how you can still earn a ...
Why The Fed Matters More Than The President For Businesses
The Federal Reserve (the Fed), an independent agency of the United States government, wields immense power over the nation's ...
The Labor Market Puzzle: Why The Fed May Be Flying Blind
The Federal Reserve has made it clear that as their confidence in the path of disinflation has grown, they have increasingly ...
New NY Fed tool suggests balance sheet drawdown has more room to run
The Federal Reserve faces no imminent market liquidity challenges that could stop the ongoing contraction of its balance ...
If you're obsessed with the Fed you're missing some major moves in unlikely stocks, says Jim Cramer
Bill and Melinda Gates gave their kids a strict ‘middle-class' upbringing, refused to just 'buy them things' with their ...
The Fed Isn’t as Independent as It Seems
The interest-rate-setting Federal Reserve has never been truly isolated from the rest of government, Stephen Miran writes in ...
Was the Fed's rate cut 'a mistake'? Fmr. CEA chair weighs in.
Earlier this month, former US Treasury Secretary Larry Summers called the Federal Reserve's 50-basis-point cut to interest ...