Browsing: rate

The Federal Reserve rate cuts that are now projected as soon as next month will likely only lower short-term rates.That means those who are seeking a…

Last week, Fed Chair Jerome Powell signaled that the Fed is likely to lower interest rates this year. The market jumped as a result. Investors should…

It was a topsy-turvy week for Wall Street, saved by a big Friday rally. The market was looking at a weekly loss at Thursday’s close. But…

Federal Reserve Chair Jerome Powell on Friday gave a tepid indication of possible interest rate cuts ahead as he noted a high level of uncertainty that…

Cleveland Federal Reserve President Beth Hammack said Friday she would be hesitant about lowering interest rates as long as inflation remains a threat.In a CNBC interview,…

Kansas City Federal Reserve President Jeffrey Schmid expressed doubt about lowering interest rates in September, saying policymakers still have more work to do on inflation.Speaking to…

I’m seeing more people buy into the idea, or perhaps myth, that mortgage rates will drop when the Fed makes its next interest rate decision.That day…

Chicago Federal Reserve President Austan Goolsbee said Friday a mixed bag of inflation data this week coupled with lingering uncertainty over tariffs have given him some…

If you’re hoping for lower mortgage rates, you might be thrilled to hear what Treasury Secretary Scott Bessent has to say.During a television interview today, he…

The impact of Trump-era tariffs on goods and services is starting to trickle through the economy, but for now, the effect on inflation appears minimal, raising…