The Fed Keeps Cutting Rates — So Why Aren’t Mortgage Rates Going Down?
On Thursday, at the end of its November meeting, the Fed announced a reduction of 0.25 percentage points in the federal funds rate, or the rate at which banks lend each other money overnight. The move follows an initial cut of half a percentage point in September.
Comments from Jerome Powell could set the tone for rate cuts as the market assesses the impact of a Republican sweep in DC.
The Nasdaq Composite advanced 1.51% to reach 19,269.46 — its ... but the move was smaller than September’s half-point ...
Stock futures are slightly higher Thursday as the market looks to rebound from a couple of lackluster days, with investors ...
The Fed meeting starts Wednesday ... the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Money is one of the most widely recognized brands in personal ...
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Nasdaq, S&P, Dow are mixed as traders assess Fed's rate cutWall Street's major averages were little changed on Friday, as investors seemed to take a breather from the post election ...
Federal Reserve Chair Jerome Powell has taken the ball from Donald Trump for the market. While his comments didn’t derail the ...
On November 7, the Fed cut rates for the second time in this rate cut cycle, lowering the Fed Funds rate 25bp to 4.75% (chart below, darker red line). Fed Funds rate is well above “neutral ...
U.S. stocks could open on a tentative note on Thursday after the averages scaled record highs last week. Futures of all three ...
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