Browsing: rate

How banks handled the 2024 Fed rate cuts — and what it means for your savings today Source link

The stock market kicked off the historically tough month of September on a rocky note as Wall Street speculated about the magnitude of the Federal Reserve’s…

Well, summer is officially over and it is now September. And we’ve got a Federal Reserve meeting coming up in two weeks!It’s potentially a big one…

Federal Reserve Gov. Christopher Waller.Bloomberg News Federal Reserve Gov. Christopher Waller said he is in favor of a 25 basis point cut in September, and urged…

What is a good interest rate on a savings account? Source link

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,…