Interest Rates

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Federal Reserve Chairman Jerome Powell speaks during a news conference.
Finance

Jerome Powell’s power grows after Fed endorses interest rate cut

By Craig Torres and Bloomberg
September 25, 2024
We keep celebrating low unemployment—but data shows jobs and economic activity have been shifting to big business
Commentary

We keep celebrating low unemployment—but data shows jobs and economic activity have been shifting to big business

By
September 25, 2024
BofA details clients’ 5 major economic fears—then knocks them all down
Finance

BofA details clients’ 5 major economic fears—then knocks them all down

By
September 23, 2024
Federal Reserve of Minneapolis president Neel Kashkari
Finance

Top Fed official calls for further interest rate cuts, focus on labor market

By
September 23, 2024
Austan Goolsbee during the Obama administration. He is speaking at a podium in a suit.
Finance

Top Fed voice predicts ‘many more rate cuts’ in next year

By Catarina Saraiva, Miranda Davis and Bloomberg
September 23, 2024
The Fed thinks it’s won its inflation fight but most Americans are still unhappy with the economy
Finance

The Fed thinks it’s won its inflation fight but most Americans are still unhappy with the economy

By Christopher Rugaber and The Associated Press
September 23, 2024
Fed chair Jerome Powell motions with his right hand as he speaks at a podium.
Finance

Magnificent Seven stocks are riding high again after Fed cut

By
September 20, 2024
A "We're Hiring" sign in Atlanta, Georgia, US, on Wednesday, Sept. 18, 2024. Inflation rates fell under 2% in Atlanta for the first time in almost four years and dropped significantly across the South, providing some relief to consumers, and potential voters, in regions that will be key to the outcome of the US presidential election. Photographer: Elijah Nouvelage/Bloomberg via Getty Images
Finance

Top market strategist sees ‘nirvana’ after Fed rate cut, new economic data

By
September 19, 2024
Jerome Powell says the Fed can cut rates but it can’t fix the housing crisis
Finance

Jerome Powell says the Fed can cut rates but it can’t fix the housing crisis

By
September 19, 2024
A street sign for "Riley Real Estate & Home Mortgage" displays current mortgage rates. The rates listed are 5.375% for a 30-year fixed conventional loan up to $1,089,300, 4.50% for a 15-year fixed conventional loan up to $1,089,300, and 6.50% for a 30-year fixed jumbo loan ranging from $1,089,300 to $5,000,000. The sign also includes information about other services such as interest-only loans, bank statement loans, DSCR loans, adjustable-rate mortgages, HELOC, VA loans, and FHA loans, with a contact phone number at the bottom.
Finance

Mortgage rates hit lowest level since Feb 2023

By Alex Perry and Bloomberg
September 19, 2024
A man in the center of the image raises his right hand in a fist and shouts as fellow union members do the same or hold up signs calling for a strike against Boeing
Finance

Boeing stock sags despite Fed rally, company furloughs workers amid strike

By
September 19, 2024
Fed chairman Jerome Powell.
Finance

What the Fed rate cut means for investors

By
September 19, 2024
The stock market dipped after a historic Fed rate cut. Here’s what the experts think
Finance

The stock market dipped after a historic Fed rate cut. Here’s what the experts think

By
September 18, 2024
Fed slashes interest rates by 50 basis points as labor market cools
Finance

Fed slashes interest rates by 50 basis points as labor market cools

By
September 18, 2024
The Fed cut doesn’t mean mortgage rates will suddenly fall. But lower rates are coming
Finance

The Fed cut doesn’t mean mortgage rates will suddenly fall. But lower rates are coming

By
September 18, 2024

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