News

A Divided Fed Eyes Future Rate Cuts

Veteran Fed watcher drops bold message about future interest rate cuts
The consensus view is that the Fed will hold interest rates steady in its July meeting; however, there seems to be a push for a signal cut of .25% among economists, and even some Fed board members. We will be watching whether the July hold is unanimous, or if one or two members dissent.
The Fed should cut rates, former Treasury undersecretary says
Former Treasury Undersecretary David Malpass weighs in on the Federal Reserve's rate decision as their two-day policy meeting kicks off and the EU-U.S. trade deal receiving criticism.
A Divided Fed Eyes Future Rate Cuts but Won’t Move This Week
Officials are split into three camps over what economic evidence they need before resuming rate reductions. Two governors are prepared to dissent on Wednesday.
Will The Fed Cut Rates Tomorrow? Here's What The CME FedWatch Tool Indicates
Data from the CME FedWatch tool indicates a 96.9% probability that the Fed will maintain interest rates at the current 4.25% to 4.5% range in July.
Economist Reinhart Expects Fed Rate Cut By End of Year
Vincent Reinhart, BNY Investments chief economist, previews this week's decision by the Federal Reserve's policy-setting Federal Open Market Committee. Speaking on "Bloomberg The Close," Reinhart says tariffs are a detour on the Fed's path to lower rates.
fed rate cuts on hold? inflation & economic outlook
The Fed may hold on rate cuts due to a strong economy and rising prices. Will American consumers continue to spend as prices increase?
Will the US Fed, UAE Central Bank cut rates this week?
Dubai: As the US Federal Reserve prepares for its next big interest rate decision on Wednesday, borrowers and investors in the UAE are watching closely—because what happens in Washington often echoes across the Emirates.
The Vindicator1mon
Average long-term US mortgage rate drops to 6.77%
The long-term rate fell to 6.77% from 6.81% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.86%. Borrowing costs on 15-year fixed-rate mortgages, popular ...
The Mortgage Rate Shift That Could Change the Housing Market
Analysts believe a modest drop in mortgage rates could prove to be a "magic bullet" for the U.S. housing market.
WTOP News1mon
Average long-term US mortgage rate drops to 6.77%, the lowest level ...
Mortgage rates have now fallen four weeks in a row, reflecting the recent pullback in bond yields. With the latest decline, the average rate is now at its lowest level since May 8, when it was ...
Altoona Mirror1mon
Average long-term US mortgage rate drops to 6.77%, lowest since May
The average rate on a 30-year U.S. mortgage fell to its lowest level since early May, an encouraging trend for prospective homebuyers at a time when the U.S. housing market remains largely ...