SUMTER, S.C. — Sumter Police say one person is in custody after a Friday morning shooting outside a fast-food restaurant. A police spokesperson said officers responded to the Burger King near ...

In the early 2000s, markets were just recovering from the dot-com bubble burst. “The Fed cut rates to stimulate the economy, so we saw savings account rates drop well below a 2% rate for several ...

Now that the Federal Reserve has cut its federal funds rate, rates on these borrowing products are declining further. That said, it's difficult to time interest rates with precision. As homebuyers ...

meaning that what you're offered in the days after a rate cut is unlikely to be materially different from what you could've secured in the days before the Fed took action. Waiting, then ...

On average, the S&P 500 gains 0.2% a week before the first rate announcement, according to aggregate data going back to 1995 provided by Dow Jones Market Data. This could be because some of the ...

(Photo by Win McNamee/Getty Images) Interest rates are expected to move lower in 2025. The question is: How much lower? There are two motivations for the Federal Open Market Committee to cut rates.

The Federal Reserve announced a policy decision to cut interest rates by 0.5% on September 18. This decision was accompanied by FOMC member forecasts, which reflect expectations of additional Fed ...

In the hours leading up to the release, prices of interest-rate futures showed the odds of a March rate cut rose as high as nearly 65%. But in the minutes after the release of the Federal Open ...

Americans saw mortgage rates soar during the Federal Reserve's aggressive campaign to fight inflation, leading many to hope for a reprieve after the central bank finally cut the federal funds rate ...

Mortgage rates have jumped higher in recent weeks — an ugly surprise for would-be homebuyers who were hoping the Federal Reserve’s outsize rate cuts last month would provide relief. The ...

US Fed rate cut: The recent downward revision of US jobs data, along with the minutes from the latest FOMC (Federal Open Market Committee) meeting, has strengthened expectations of a rate cut in ...

After waiting years for interest rate cuts from the Federal Reserve, in the hopes that they would aid in lowering mortgage rates, homebuyers are now facing even higher mortgage rates. This comes ...