Fed, interest rate

Why credit card rates remain high, even after interest rate cuts
Credit card interest rates remain high, in part, because the Fed's benchmark rate still stands at a historically high level, experts told ABC News. The incremental cuts in recent months have only partially reversed the previous escalation of rates meant to fight the nation's worst bout of inflation in decades.
What the Latest Fed Rate Cut Means for Mortgage Interest Rates
When the Federal Reserve lowered its benchmark interest rate by half a percentage point in September, it wasn't a particularly surprising move. At that point, the Fed was expected to make its first rate cut of the year in response to cooling inflation.
Jerome Powell says Fed Isn't in Hurry to Cut Interest Rates
"The economy is not sending any signals that we need to be in a hurry to lower rates," Powell said Thursday in Dallas.
Fed cuts interest rates a second time but economists say 2025 outlook uncertain
Many economists still expect another quarter-point cut ahead in December. But expect more debate on the Fed's path in 2025.
The Fed Cut Interest Rates In November, And More Rate Cuts Are Coming
The Federal Reserve cut interest rates by 0.25% on November 7. More interest rate cuts are likely through the end of 2026.
Fed's Schmid: extent of further rate cuts 'remains to be seen'
Kansas City Federal Reserve Bank President Jeffrey Schmid on Wednesday said the U.S. central bank's interest-rate cuts to date acknowledge its growing confidence that inflation is headed down, but gave no steer on how many more rate cuts he feels may be appropriate.
Fed’s Schmid Says Uncertain About How Far Rates Should Fall
Federal Reserve Bank of Kansas City President Jeff Schmid on Wednesday sounded a note of caution about how much more the US central bank will need to lower interest rates.

Mortgage Rates Today, Nov. 14

Business Insider1h
Stock market today: Indexes fall as Powell says the Fed is in no hurry to cut interest rates
Here's where US indexes stood at the 4:00 p.m. closing bell on Thursday: The slide comes after Powell signaled the Fed is in ...
Buying bonds when the Federal Reserve started cutting rates was a mistake that may soon get bigger
Many investors moved into Treasury bonds assuming prices rise. That didn't go according to plan and the bond yield pressure isn't going away.
CBS News on MSN1d
Inflation's up again. Here's what it could mean for mortgage interest rates.
This uptick underscores the challenges facing the Federal Reserve, which began easing interest rates in September in ...
The Motley Fool on MSN1d
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 rate cuts ...
Understanding Interest Rates: What Your Bank Wants You To Know
Over the last couple of years, interest rates have fluctuated quite a bit. After plummeting to record lows in 2020, they made ...
Why mortgage interest rates may drop again this week
The mortgage interest rates of 2020 and 2021 may never reappear but, if they do, it will be a gradual process to get them ...
9NEWS2d
Interest rates keep going down but mortgage rates aren't following suit. Here's why
CHARLOTTE, N.C. — The Federal Reserve keeps dropping key interest rates, but mortgage rates are actually going up, ...
Trump has promised lower interest rates. That will be largely out of his control.
While Trump has sought to pressure the Fed to cut rates, consumer rates on mortgages and other loans are determined by a ...