Interest rates actually rise after Fed meeting
You may have expected mortgage rates to drop after the Federal Reserve announced a 50 basis point cut in the benchmark interest rate yesterday – but that didn’t happen. According to Zillow data, almost all mortgage rates have risen since…
Fed rate cut boosts futures as growth stocks lead gains
(Reuters) – U.S. stock index futures rose sharply on Thursday, with Nasdaq indexes climbing nearly 2 percent after the U.S. Federal Reserve began its easing cycle with a half-percentage point cut in interest rates, setting up a soft landing for…
What it means for you
Top line The Federal Reserve took the widely anticipated step on Wednesday, announcing its first interest rate cut in years. The move will have a significant impact on the finances of all Americans, making credit cheaper even as the golden…
Impact of the Federal Reserve’s interest rate cut
The Federal Reserve is making its first interest rate cut since March 2020. The cut represents a decrease of half a percentage point and lowers the inflation rate to a range of 4.7 to 5 percent. The economy is already…
Federal Reserve interest rate cuts could help those looking to buy a home
CHATTANOOGA, Tenn. — Many Americans have been waiting for this with bated breath: The US Federal Reserve lowered interest rates on Wednesday for the first time in four years. This half-percentage point cut in the federal funds rate will impact…
Federal Reserve cuts key interest rate by half a percentage point, stock prices close lower
The U.S. Federal Reserve signaled on Wednesday that it would cut interest rates two more times this year after cutting its benchmark federal funds rate by 50 basis points to a range of 4.75 to 5.0 percent at the end…
Why do share prices fall after an interest rate cut? This is what the experts think
The Federal Reserve gave investors exactly what they said They wanted to cut interest rates by a whopping 50 basis points on Wednesday – but that was still not enough. After a brief rise after the initial announcement, stock prices…
Fed’s sharp interest rate cut pushes S&P and Dow to record highs
Top line Investors’ exuberant reaction to the Federal Reserve’s highly anticipated decision to cut interest rates by 50 basis points on Wednesday turned slightly negative as the central bank opted to take the more equity-friendly route to kick off its…
US 30-year mortgage rates fall to two-year low of 6.15%
By Ann Saphir (Reuters) – The interest rate on the most popular home loan in the United States fell to its lowest in two years last week, amid expectations that the Federal Reserve will begin cutting interest rates on Wednesday,…
Federal Reserve cuts interest rates by 0.50 percentage points for the first time since 2020
The US Federal Reserve on Wednesday announced a 0.50 percentage point cut in the benchmark interest rate, the first cut in four years, and is also intended to ease borrowing costs as inflation-stricken consumers struggle with high interest rates on…
