Mortgage rates, Fed
The Fed isn't going to be able to cut interest rates as much as it wants to, former Treasury Secretary Larry Summers says
Huge increases in wealth and debt levels prevents the Fed from cutting rates as much as it wants, Larry Summers said.
After The Fed Rate Cut: Soft Landing Checklist
The reaction to the rate cut has been positive across the soft landing checklist. Odds of avoiding recession are higher following Chair Powell's aggressive start.
Fed's Kashkari says 50 basis points rate cut was 'right decision'
Federal Reserve Bank of Minneapolis President Neel Kashkari on Monday said he supported the U.S. central bank's recent interest rate cut, calling it the "right decision" in light of substantial progress on inflation and the risk of an increase in unemployment.
Here are the credit products already cheaper after the Fed's rate cut
The Fed's rate reduction, its first since March 2020, could help people in the market for a home or automobile purchase by making it more affordable to take out a mortgage or car
The Fed Just Made a Pivotal Rate Cut. What Will It Do Next?
After the Fed’s pivotal interest rate cut this week, policymakers face the question of how much further to reduce borrowing costs, and how fast.
Opinion
The Fed’s Big Rate Cut Wasn’t Political. It Was an Economic No-Brainer.
But while the Fed’s action will surely have political consequences, it wasn’t a political decision. The straight economic case for a rate cut was overwhelming; the case for a big cut was very strong. Not cutting would have been political. And the Fed didn’t let itself be bullied into inaction.
When will mortgage interest rates fall again? Watch these 3 dates
H omebuyers and homeowners looking to refinance both received positive news earlier this month when mortgage interest rates plunged to their lowest level in two years. That drop w
Fed sees its inflation fight
Lone Fed dissenter worried bigger rate cut would send signal of 'economic fragility'
Fed governor Michelle Bowman elaborated in a speech Tuesday about her dissent from last week's jumbo rate cut, saying that ...
Following Fed Rate Cut, Attention Turns to Fresh Data as Polls Shows Economy Boosting Kamala Harris
The Fed’s larger-than-expected half-point cut sent markets soaring and should send consumer borrowing rates down, providing a ...
Crypto Surge On Fed Cut, Trump’s DeFi Details
This is a published version of our weekly Forbes Crypto Confidential newsletter. You can sign-up to get Crypto Confidential ...
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 ...
Fed's Rate Cut Offers Limited Relief for US Factories Facing China Competition
"What the Fed can do is create expectations for short-term growth with a rate cut, which is powerful," said Cliff Waldman, ...
Good News for the Stock Market: The Fed Believes Its Jumbo Rate Cut Was a 1-and-Done
Investors are cheering as policymakers expect the labor market to hold steady through a series of smaller cuts into 2025.
The Fed says its long-awaited rate cut is apolitical, even close to the presidential election
The Federal Reserve’s first key interest rate cut in four years coincides with another major four-year event: the homestretch ...
Fed Rate Cuts Will Put Money in Pockets, but a Mood Shift May Take Time
Recent surveys suggest that while the pace of price increases has declined dramatically, the public's mood is still marred by ...