What the Federal Reserve rate cut means for the housing market
WEB2 days ago · Charlie Dougherty, a senior economist at Wells Fargo, expects mortgage rates to drop "marginally" after the Fed's rate cut on Wednesday. He and his colleagues forecast that the average rate on a ...
The Fed Makes a Large Rate Cut and Forecasts More to Come
WEB3 days ago · By Karl Russell. Fed officials predicted that they would cut interest rates to 4.4 percent by the end of the year — much lower than the 5.1 percent they had been expecting in June, when they ...
Fed cuts interest rates by 50 basis points - USA TODAY
WEB3 days ago · Besides forecasting a dip in the federal funds rate to a range of 4.5% to 4.75% by year’s end, Fed policymakers penciled in the equivalent of four more quarter-point cuts next year and another ...
The Fed Just Made a Pivotal Rate Cut. What Will It Do Next?
WEB7 hours ago · Economists at Goldman Sachs predict two 25 basis point (bp) cuts this year, in line with the Fed’s forecasts, but with a good chance of a larger cut in November if upcoming employment reports ...
What’s Next for Rate Cuts? The Fed Is Watching Jobs and Prices.
WEB23 hours ago · Some of the Fed’s decision to make a large rate cut this week was rooted in the job market — unemployment has ticked up to 4.2 percent, up notably from a low of 3.4 percent last year, and ...
How Much Will the Fed Cut Interest Rates? | Morningstar
WEB2 days ago · We expect three rate cuts in 2024 of 25 basis points each, starting in September. We expect inflation in 2025 and 2026 to come in below the Fed’s 2% target.
The Fed is finally about to cut interest rates. What took so long?
WEB5 days ago · Washington CNN — It’s a pivotal week for the US economy, with the Federal Reserve expected to cut interest rates for the first time since 2020. The move would mark a major milestone both for...
CME FedWatch - CME Group
WEBWhat is the likelihood that the Fed will change the Federal target rate at upcoming FOMC meetings, according to interest rate traders? Use CME FedWatch to track the probabilities of changes to the Fed rate, as implied by 30-Day Fed Funds futures prices.
US goes big with first interest rate cut in four years - BBC
WEBThe Federal Reserve has cut its key lending rate by 0.5 percentage points - a larger cut than expected. ... Forecasts released by the Fed showed officials expect its key lending rate to drop to ...
Fed Keeps Rates Steady and Forecasts Only One Cut This Year
WEBJun 12, 2024 · The Federal Reserve left interest rates unchanged on Wednesday and signaled one cut in 2024, with more to come in 2025. Earlier, inflation data for May came in cooler than expected.