Economy News The Fed Will Only Cut Rates Once This Year Because The Us Economy Is Too Strong, Market Vet Says

Even if Fed cuts rates again, U.S. economy may not get much of a boost

Rate-sensitive industries, like housing, could see a limited benefit from lower borrowing costs because prices remain near record highs. Read More

The Fed may cut interest rates next week. Here's what happened to mortgage rates the last two times it did that

With another Fed rate cut looming, it helps to know the recent history behind rate cuts and mortgage rate reactions. Read More

Will the Fed cut rates again in December? It's complicated

For everyday Americans, lower rates generally translate into cheaper borrowing, offering modest relief on credit cards, auto loans and other variable-rate debt as households head into the new year. Read More

Mortgage rates expected to hold firm even with another Fed cut on the horizon

Mortgage rates remain near 6% as the Fed is expected to cut rates by 25 bps, with experts predicting minimal impact on home loans. Read More

Economists double down on December Fed cut despite policymaker divide: Reuters poll

The U.S. Federal Reserve will reduce its key interest rate by a quarter-percentage point at the December 9-10 policy meeting to support a cooling labour market, according to a majority of over 100 ... Read More

Fed to Cut Rates Again in December on Weakening Job Market, Say Most Economists: Reuters Poll

BENGALURU (Reuters) -The U.S. Federal Reserve will again lower its key interest rate by 25 basis points next month to underpin a weakening labor market, according to 80% of economists polled by ... Read More

The Fed cuts interest rates to bolster job market

The Federal Reserve is making it a little bit cheaper to borrow money. The central bank hopes to prop up the job market. But it's making no promises that rates will fall further in December. The ... Read More

Sharp disagreements over economy threaten Federal Reserve interest rate cut

What was once seen as a near-certain cut in interest rates next month now looks more like a coin flip as Federal Reserve officials sharply disagree over the economy’s health and whether stubborn ... Read More

US Fed official backed rate pause because inflation 'too high'

A senior member of the US Federal Reserve on Friday said he voted against cutting interest rates this week because inflation was "too high" for comfort. Kansas City Fed president Jeff Schmid was one ... Read More