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,
Prices appear to be falling, 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.
Cooling Prices Clears Way For More Fed Rates Cuts
The latest personal consumption expenditures price index figures boost the chances of the Fed cutting rates over the coming months.
Fed's favored inflation gauge shows cooling price pressures, clearing way for more rate cuts
Compared with a year earlier, inflation fell to 2.2%, down from 2.5% the previous month and barely above the Fed's 2% inflation target. The cooling of inflation might be helping to erode former President Donald Trump's polling advantage on the economy.
Inflation Falls to Lowest Level Since 2021, Boosting Hopes for More Interest Rate Cuts
Key Takeaways Consumer prices rose 2.2% over the year in August as measured by Personal Consumption Expenditures, the lowest annual inflation rate since February 2021.Cooling inflation paves the way for the Federal Reserve to cut its benchmark interest rate,
How Low Will Interest Rates Go? Powell Speech Monday Could Give Clues
Key Takeaways Federal Reserve Chair Jerome Powell is scheduled to give a speech next week that could shed light on the ...
Here's What The Interest Rate Cut Means For Retirees
Find out how the Federal Reserve’s interest rate cut could affect your retirement savings, investments, and mortgage payments ...
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.
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.
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 ...
Today’s 30-year mortgage interest rates rise to 6.125%, while 15-year rates hold at 5.250%
Thinking about taking out a mortgage loan? Current mortgage rates increase to 6.125% for 30-year terms, while 15-year terms ...
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 ...
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 ...
What does the Fed interest rate cut mean for home buyers, sellers in Appleton, Green Bay?
The current 15- and 30-year fixed mortgage rates have dropped to 5.15% and 6.09%, respectively, according to a weekly Freddie ...
'Best interest' of the U.S. is to 'prevent war' in Middle East
The Israeli military struck Hezbollah's headquarters in Beirut. Former Rep. Jane Harman join Katy Tur to share her outlook ...
How far will mortgage interest rates fall this October?
Mortgage interest rates plunged to a two-year low in September. But how much further will they fall this October?