What the Latest Fed Rate Cut Means for Mortgage Interest Rates
When the Federal Reserve lowered its benchmark interest rate by half a percentage point in September, it wasn't a particularly surprising move. At that point, the Fed was expected to make its first rate cut of the year in response to cooling inflation.
A Fed rate cut may be coming, but it may be too small for Americans to notice
The Fed is expected to cut rates for a second straight month but by a smaller amount. How and when consumers may feel the effects isn't as clear.
Even After the Fed Rate Cut, You Can Still Get This 5.50% Savings Account Today
Though some savings accounts have lowered rates after yesterday's Fed move, the nation's best high-yield option is holding at 5.50%—with eight more paying at least 5.00%.
What will happen to mortgage rates after this week's Fed rate cut?
The Federal Reserve is set to issue another rate cut this week. Here's what could then happen to mortgage rates.
After likely quarter-point rate cut, Fed may slow pace of drops if inflation lingers
The Fed is set to lower interest rates a quarter point Thursday. But it's more likely to slow, rather than speed up, 2025 cuts due to inflation
How Another Fed Rate Cut Could Help (or Hurt) Your Finances
However, the Fed takes a risk if it brings inflation down too much. Any major, rapid decline in economic activity can cause a major spike in joblessness, leading to a recession. You might hear the phrase "soft landing," which refers to the balancing act of keeping inflation in check and unemployment low.
US Fed Expected To Look Beyond Trump Win And Cut Rates Again
The US Federal Reserve is expected to announce a quarter-point interest rate cut this week, shrugging off the economic uncertainty raised by Donald Trump's US election victory to continue easing borrowing costs on the back of cooling inflation.
Another Fed rate cut is ahead but also likely is ongoing uncertainty after the election
The Fed is expected to cut rates on Thursday and possibly again in December. What can savers and borrowers expect?
Fed’s Kashkari Says Only Inflation Could Derail December Cut
Federal Reserve Bank of Minneapolis President Neel Kashkari said he’ll be looking at incoming inflation data to determine whether another interest-rate cut is appropriate at the US central bank’s December meeting.
The Fed’s Kashkari Sees a December Interest-Rate Cut. Unless There’s an Inflation Surprise.
A higher neutral rate could limit interest rates’ decline, Minneapolis Federal Reserve President Neel Kashkari said.
Fed's Kashkari Warns Of December Interest Rate Pause Risk: 'Surprises To The Upside'
Minneapolis Fed President Neel Kashkari said Tuesday the Federal Reserve could hold off on an interest rate cut in December if inflation data comes in hotter than expected. In an interview with Yahoo Finance,
CBS News on MSN6d
The Federal Reserve made a rate cut decision today. Here's the impact on your money.
"Unless the Fed dramatically accelerates its pace of rate cuts, it'll still be a while before these reductions add up to ...
FOX6 News Milwaukee on MSN1h
2025 Waukesha County budget approved; tax rate cut among highlights
The budget cuts $2.9 million in spending compared to last year. The county executive floated the possibility of a sales tax ...
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NAB slices 0.40% off variable rate home loan, jumps the gun on RBA
NAB has sliced 0.40% off its Base Variable Rate Home Loan, bringing its interest rate down to 6.44% p.a. (6.48% p.a.