The Fed Just Made a Pivotal Rate Cut. What Will It Do Next?
After the Fed’s pivotal interest rate cut this week, policymakers face the question of how much further to reduce borrowing ...
The Fed decision's lone dissenter worries the bigger rate cut sends a 'premature victory' message to markets
On Wednesday, the Fed decided on a 50-basis-point cut that brought the Fed's policy rate to a range of 4.75% to 5%. The vote was 11 to 1 in favor of the cut, and Bowman's dissent was the first by a ...
Fed’s Bowman Says Big Rate Cut Could Be Seen as Claiming Victory Too Soon
Federal Reserve Governor Michelle Bowman said cutting interest rates by a half percentage point this week risked signaling the US central bank was declaring victory over inflation too early.
Mortgage Interest Rates Today, September 21, 2024 | Why Did Rates Increase?
These are today's mortgage and refinance rates. Mortgage rates have increased a bit in response to stronger-than-expected ...