The pound will rise in value against the dollar over the next year, Goldman Sachs has predicted, in a boost for British ...
Federal Reserve Bank of Chicago President Austan Goolsbee said interest rates need to be lowered “significantly” to protect ...
The focus is on Fed speakers and a key inflation reading for insight into whether another big rate cut is coming.
Currently, the Mortgage Bankers Association predicts a 6.5% average mortgage rate by the end of the year (though that ...
The evidence suggests investors had more than fully absorbed the Fed would be cutting rates by 50 BPS. Click to read.
When the Federal Reserve reduces interest rates, it causes HELOC rates and new home equity loan rates to drop as well.
Famed investor Stanley Druckenmiller - no fan of the current Biden administration - has warned that inflation could surge, and bonds sour in value, in a second Trump administration. He said Trump's ...
Minneapolis Fed President Neel Kashkari said he expects the Fed to cut interest rates by another 50 basis points before the ...
Investors are cheering as policymakers expect the labor market to hold steady through a series of smaller cuts into 2025.
Benchmark lending rates in the wake of the Federal Reserve's big rate cut last week, its first in four years, have been ...
The Fed just made its first interest rate cut of 2024. Read on to see why the central bank still has work to do.