We finally got a rate cut. Here’s what history says will happen next
So we finally got a rate cut — and a supersized one at that. After the move was announced Wednesday, Federal Reserve Chair ...
Nasdaq, S&P, Dow tick higher following last week's Fed decision on a 50bp rate cut
Traders and investors observe an uptick in Wall Street’s major market averages on Monday, as market participants continue to ...
Minneapolis Fed President Kashkari sees a slower pace of rate cuts ahead
Minneapolis Federal Reserve President Neel Kashkari said Monday that he expects policymakers to dial down the pace of ...
The Fed surprised many investors with a jumbo rate cut this week. It won’t get much easier to predict the next move
Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in ...
The Long-Awaited Rate Cut Is Here. Here’s What That Means for Your Wallet
The Mortgage Bankers Association currently predicts the average 30-year rate to finish out 2024 at 6.5% and 2025 at 5.9%, ...
Stock Market Today: Dow, S&P 500 score record closes as U.S. stocks extend Fed rate-cut rally
Further weakening of the jobs market is the top worry for investors after last week's rate cut of 50 basis points, or half a ...
Oil edges higher US interest rate cut counters weak demand
Oil prices rose slightly on Monday after last week's cut to U.S. interest rates and a dip in U.S. crude supply in the ...
What's the mortgage interest rate forecast for October 2024?
Currently, the Mortgage Bankers Association predicts a 6.5% average mortgage rate by the end of the year (though that ...