CBS News29d
What the Fed's new rate cut means for gold investing
This week, the Federal Reserve made its third consecutive interest rate cut of 2024, lowering the federal funds rate by 25 basis points and leaving the target range at 4.25% to 4.50%. This ...
Bloomberg L.P.23d
China Avoids Rate Cut to Keep Ammunition For Future Pressure
China Avoids Rate Cut to Keep Ammunition For Future Pressure PBOC drains net 1.15 trillion yuan through MLF in December Citic Securities sees room for the PBOC to cut rate, RRR ...
Forbes28d
Fed’s Preferred Inflation Metric Better Than Expected As Wavering Over Interest Rate Cuts Spooks Markets
Inflation was more manageable than expected in November, according to the Federal Reserve’s favored measure of price changes, as sticky inflation douses investors and borrowers’ hopes of much ...
Fox Business29d
The Federal Reserve announced a third rate cut; fewer are expected in 2025
This move was largely expected by economists. The Fed cited indicators of an expanding economy and an easing labor market after its other rate cuts. This is the third time rates have been cut this ...
Philippine Daily Inquirer29d
BSP closes 2024 with third rate cut
The Bangko Sentral ng Pilipinas delivers a 25-basis point rate cut at the final policy meeting of the Monetary Board for 2024, reducing the key rate to 5.75 percent. At a press conference ...
Boston.com22d
Average rate on a 30-year mortgage climbs to highest point since July
WASHINGTON (AP) — The average rate on a 30-year mortgage in the United States rose for the third straight week to its highest level since mid-July, reflecting a recent jump in the bond yields ...
Bloomberg L.P.29d
BOJ’s Ueda Hints at Chance of Later Rate Hike, Sending Yen Lower
BOJ’s Ueda Hints at Chance of Later Rate Hike, Sending Yen Lower Governor avoids gettting boxed into January rate hike Tamura proposed raising rates to 0.5% but was voted down ...
Reuters29d
Fed's hawkish cut fires up rate hike debate
ORLANDO, Florida, Dec 18 (Reuters) - The end of the Federal Reserve's interest rate-cutting cycle is suddenly in sight, and a complete U-turn with rate hikes next year can no longer be ruled out.
Wall Street Journal29d
They Look Like CDs, but They’re Annuities—and Sales Are Booming
The highest interest rate on your cash right now might be coming from an insurance company, not a bank. Insurers create fixed-rate deferred annuities, which resemble certificates of deposit ...
Reuters28d
Fed policymakers see slower rate-cut path next year
Policymakers tie further rate cuts to progress on inflation Their comments echo Fed chief Powell's call for caution Williams, Daly say policy is in a good place Goolsbee sees rates falling next ...
Forbes4d
Mortgage Rate Lock Guide
If you want to avoid uncertainty and preserve the rate in your mortgage loan offer, get a mortgage interest rate lock. Interest rate locks can offer peace of mind to borrowers, but they are not ...
CNN29d
How to capitalize on the Fed’s final interest rate cut of the year
The Federal Reserve has now cut its key overnight lending rate three times in a row this year. And the effect has been a mixed bag for consumers. All in, the fed funds rate, as it’s called ...