Recent Data Shows Americans Rushed to Lock in Mortgages Just Days After the Fed Cut Interest Rates
Data from Redfin and the Mortgage Brokers Association show prospective homebuyers are eager to take advantage of lower mortgage rates. But it still won't be the right time for every prospective buyer.
Powell Points to Two More Normal-Size Rate Cuts This Year
Jerome H. Powell, chair of the Federal Reserve, said that central bankers will lower rates as much as needed, but have forecast two more quarter-point rate cuts this year.
Fed’s Powell Says Rate Cuts Can Sustain Soft Landing, but Sees No Need to Rush
Federal Reserve Chair Jerome Powell said the economy was in solid shape. “We intend to use our tools to keep it there,” he added.
Fed Chairman Jerome Powell Anticipates More Interest Rate Cuts
Federal Reserve Chair Jerome Powell on Monday said the U.S. economy is in "solid shape" and that more interest rate cuts can continue if the economy continues to evolve as expected.
Wall St to open subdued ahead of labor data; Powell signals modest rate cuts
Wall Street's main indexes were set for a flat to lower open on Tuesday ahead of the first of multiple job reports this week, a day after Federal Reserve Chair Jerome Powell pushed back against market expectations for outsized interest rate cuts.
Fed's Powell Signals More Rate Cuts, Emphasizes Data-Driven Approach
Federal Reserve Chairman Jerome Powell signaled Monday that the Federal Reserve may continue adjusting interest rates toward a more neutral level but emphasized that future rate decisions will depend on economic data
Fed Chair Powell says the US economy is in ‘solid shape’ with gradual rate cuts coming
Federal Reserve Chair Jerome Powell has signaled that more rate cuts are in the pipeline, though their size and speed will ...
Market bets on deep Fed rate cuts are ‘crazy,’ says BlackRock’s Larry Fink
BlackRock Inc. CEO Larry Fink says rates traders are making “crazy” bets on deep Fed rate cuts despite signs of a strong ...
Fed sees no 'hurry' to cut rates as confidence in economy grows, Powell says
The U.S. economy seems poised for a continued slowdown in inflation that will allow the Federal Reserve to cut its benchmark ...
Fed Rate Cuts Breathe New Life Into These High-Yield Stocks
Real estate is great, except for the heavy time commitment, which makes it a non-starter for me. “Brett, can you come over ...
Traders Unwind Long Treasury Bets as Smaller Rate Cuts Weighed
Bond traders are beginning to cash out of their bets for a further rally in US Treasuries as they scale back on expectations ...
Eurozone inflation falls below 2% target boosting hopes of an interest rate cut
Inflation in the 20 European Union countries that use the euro slowed by 0.4% to 1.8% in September as an energy prices plunge ...
Fed Rate Cut: Will Prices Ever Go Back To ‘Normal’?
Inflation may have (nearly) returned to normal. But prices don’t feel normal. The Federal Reserve cut the federal funds rate ...
ECB's Kazaks backs rate cut as economy faces tipping point
The European Central Bank has a "clear-cut" case for cutting interest rates at its next meeting as the euro zone's economy ...