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Fed doesn’t need to be ‘in a hurry’ to reduce interest rates
Mortgage Predictions: The Fed Isn't Hurrying to See Lower Rates
The Fed has two main objectives: maintain maximum employment and contain inflation. Although one single data point is never decisive, when inflation is high, the Fed generally raises interest rates to slow demand. When the unemployment rate is high, the Fed often lowers interest rates to stimulate consumer activity.
Powell says the Fed doesn't need to be 'in a hurry' to reduce interest rates
"The strength we are currently seeing in the economy gives us the ability to approach our decisions carefully," Powell said.
Federal Reserve lowers interest rates by 0.25 percentage points in second cut of 2024
The Federal Reserve announced its second interest rate cut of 2024, but Trump's economic priorities could impact future policy.
12h
on MSN
Investors are bracing for higher-for-even-longer interest rates
Friday’s stronger-than-expected economic data, combined with fresh remarks from Federal Reserve Chairman Jerome Powell on ...
2d
Fed Officials Fret Over How Far They Can Lower Interest Rates
Several Federal Reserve officials Wednesday reiterated their deep uncertainty over how far the central bank will need to ...
CNBC
1d
How to lower your credit card interest rate
While it's possible that your request may be declined, there are other options that can help you potentially secure a
lower
interest
rate
. CNBC Select breaks down how you can negotiate a
lower
...
9h
Stock Market Today: Dow ends 300 points lower as rate-cut doubts stall postelection rally
The yield has risen 73.6 basis points over the past seven weeks, according to Dow Jones Market Data. On Friday, traders were ...
19h
Today’s 30-year mortgage interest rates drop to 6.88% while 15-year terms fall to 6.13%
Thinking about taking out a mortgage loan? Current mortgage rates fall to 6.88% for 30-year terms, while 15-year terms ...
The Motley Fool on MSN
2d
The Fed Just Cut Interest Rates Again. Should You Sign a Mortgage ASAP?
The Fed has lowered its benchmark
interest
rate
twice this year, with its most recent
rate
cut in November. While ...
1d
on MSN
Wall St indexes end down after Powell erodes hopes for December rate cut
Wall Street's main indexes closed lower on Thursday after Federal Reserve Chair Jerome Powell dampened investor hopes for ...
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