After inflation report, federal-funds futures point to higher chance of December rate cut
Shortly after a fresh inflation report, federal-funds futures showed an increased probability that the Federal Reserve will lower its benchmark interest rate in December. The probability of a quarter-percentage point cut by the Fed next month rose to 75.
In October, U.S. inflation rose by 2.6% on an annual basis, a slight increase from the 2.4% rate reported in September.
Thinking about taking out a mortgage loan? Current mortgage rates remain at 6.88% for 30-year terms, while 15-year terms rise ...
Many economists still expect another quarter-point cut ahead in December. But expect more debate on the Fed's path in 2025.
The mortgage interest rates of 2020 and 2021 may never reappear but, if they do, it will be a gradual process to get them ...
The interest rate on my high-yield savings account has dropped from 4.6% to 4.2%. I asked experts how to get more yield on my ...
While Wall Street rejoiced in President Trump’s decisive win in Tuesday’s election and the Federal Reserve lowered its key ...
The Federal Reserve cut interest rates by 0.25% on November 7. More interest rate cuts are likely through the end of 2026.
Logic doesn't always play out as expected when the nation's central bank changes its stance on monetary policy.
Investors should get comfortable with the idea of a Federal Reserve policy rate of about 4%, according to Barclays Research. ...
Though the Federal Reserve has been cutting interest rates, mortgage rates have been increasing or holding steady. When will ...
The median interest rate on a 30-year fixed-rate mortgage is 6.88% as of November 12, which is unchanged from yesterday.
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Savings, CD and Checking Account Interest Rates Today: Earn up to 5% APYHowever, our opinions are our own. See how we rate banking products to write unbiased product reviews. In its September ...
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