On Wednesday, the Federal Reserve announced they would be reducing the federal interest rate by 0.5 points, which has not ...
Central bank’s aggressive move follows a gradual reduction in US inflation and comes less than two months before election day ...
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In a move that was widely anticipated, the Federal Open Market Committee (FOMC) opted on Wednesday to cut its fed funds ...
The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.
The Federal Reserve's much-anticipated interest rate-cutting campaign started with a bang after Jerome Powell and the Federal ...
Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the ...
While the Freddie Mac survey found the 30-year fixed fell 11 basis points, other indicators, including the 10-year Treasury ...
The Federal Reserve lowered its key interest rate by a hefty half percentage point Wednesday, moving ahead with its first rate cut in four years.
The Fed's 50 basis point cut seemed to cause markets both excitement and concern about the health of the US economy.
After plummeting earlier this week to their lowest levels since early 2023, refinance rates on 30-year, 20-year, and 15-year ...
The cut sets the federal funds rate target range at 4.75% to 5%. The effect could be especially good for variable and indexed ...