The FOMC cut the federal funds rate by a quarter-point, but that's unlikely to cause 30-year mortgage rates to fall by the same amount. The December rate cut might be advantageous for builders and ...
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...
A top Federal Reserve official said another interest-rate reduction “in the near term” could be warranted to bring rates closer to a neutral setting that neither spurs nor slows growth, leading ...
Imagine investing in a promising project, only to realize years later that it’s taking far longer than expected to recoup your initial outlay. Wouldn’t it have been invaluable to know upfront how long ...
BENGALURU, Nov 18 (Reuters) - The Bank of England will cut interest rates in December and again early next year as inflation cools over coming months, according to a majority of economists in a ...
The rate on a 30-year fixed refinance climbed to 6.43% today, according to the Mortgage Research Center. The 15-year, fixed-rate refinance mortgage average rate is 5.44%. For 20-year mortgage ...
In normal times the year ahead would look like a good one in which to hold government bonds. Central banks, including America’s Federal Reserve, have been cutting interest rates. Global growth has ...
The Treasury Department just announced the I Bond interest rate for the next six months. Series I Savings Bonds, better known as I Bonds, gained tremendous popularity in 2022 and 2023 as inflation ...
The European Central Bank held interest rates steady on Thursday, as investors question whether the institution’s most aggressive easing campaign since the financial crisis is really done. The ECB ...
Concerns about policies under a second Trump administration, inflation concerns and worries about Treasury supply are likely factors in driving up longer-duration Treasury yields, even as the Federal ...
Borrowers who saw some slight but noticeable relief last month after the Federal Reserve cut interest rates are in store for additional help in the weeks and months ahead. Not only is another interest ...
Since picking Jerome Powell to lead the Fed during his first term, Donald Trump has been demanding lower rates—one of the clearest conflicts of interest in a presidency full of them. President Trump ...