Fed Cuts Interest Rates by a Quarter-Point, Third Cut This Year
As widely expected, Federal Reserve (Fed) officials lowered interest rates again, marking the third cut this year—although markets wobbled based ...
Tag: FOMC
Fed Moves Ahead With Expected Quarter-Point Rate Cut
After an aggressive half percent cut in September, the Federal Reserve followed through on an expected but more measured quarter ...
Employment Report Comes in Flat, Adding to Economic Worries
With only days before the presidential election and with inflation on track to fully normalize, all eyes have been on ...
Fed Makes Aggressive Interest Rate Cut
The Federal Reserve (Fed) has turned expectations into a reality, making its first interest rate cuts since the start of ...
More Inflation Data Supports Rate Cuts, but ‘Alarm Bells’ Over Timing
The Federal Reserve’s preferred measure of inflation showed an annual gain of 2.5% in July, within striking distance of the ...
Fed Holds Steady, Eyeing September Rate Cut
Unsurprisingly, Federal Reserve (Fed) officials made the decision not to cut interest rates yesterday afternoon, despite indicators that the economy ...
Fed in No Rush to Cut Rates Until ‘Greater Confidence’ in Taming Inflation
At their June meeting, Federal Reserve members acknowledged there’s been notable progress in lowering inflation, but it’s not going as ...
Mortgage Mix: No Changes From the Fed as Mortgage Rates Worsen
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. ...
Fed Holds the Line, Leaving Rates Unchanged in Ongoing Inflation Fight
The Federal Open Market Committee (FOMC) maintained the target range for the federal funds rate on Wednesday following hotter-than-expected inflation ...
Mortgage Rates Near 7%
Nearing a return to 7% territory, the 30-year-fixed-rate mortgage continued its ascent this week, up to 6.9% from last week’s ...
Smart Kitchen Gadgets Worth Buying…and Ones to Avoid
“The smartest kitchen is not the one with the most gadgets,” says one expert on kitchens. “It is the one where every product has a job, every surface is easy to use and the person cooking does not feel surrounded by things that are in the way.” Read more.
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