Still, while the Fed cut rates again today, the sustained strength of the economy could change that policy in 2025 — and keep HELOC rates elevated. Find out more in our late:analysis on HELOC rates. Logan Jacoby 12/18/2024, 4:20 PM EST How lower rates from the Fed impact bond invest...
In 2022–2023, the Fed's historic rate-hike campaign was fast and furious. However, the central banker is expected to lower rates at a much more gradual pace than it raised them. Now we see that the decline could be even slower than expected—and as a result, mortgage ra...
Relentless economic strength, stubborn inflation and stock markets flirting with record highs have become barriers against hasty rate cuts. Fed Chair Jerome Powell said last week "the economy is not sending any signals that we need to be in a hurry to lower r...
Federal Reserve officials significantly lowered their year-end interest-rate forecast in their quarterly Summary of Economic Projections, with the median forecast predicting a total of a percentage point of cuts in 2024. That’s a...
We anticipate the Fed may leave rates unchanged in the January meeting, as they continue to evaluate incoming economic data and slow their path ahead. However, Powell reiterated that the direction of travel for the policy rate still looks lower, not higher. References 1. Board of Governors of...
The Federal Reserve on Wednesday made another cut in interest rates, but dialed back expectations for lowering rates in the near future.
Payne Capital Management President Ryan Payne discusses whether investors should be concerned about a 'big market selloff' on 'Varney & Co.'
With the decision to hold the line on rates, the committee noted a "lack of further progress" in getting inflation back down to the central bank's 2% target.
These are the target fed funds rates, along with the events that triggered the changes in cases where they did so. The Fed typically announces a range for its benchmark rate. The tables below show the high end of the range, while the low end is a quarter point lower. Each year also ...
Federal Reserve officials held short-term interest rates steady, but indicated that inflation is getting closer to its 2% target.