Bank of America resets interest rate cut forecast after inflation shocker
The decision comes after the central bank trimmed rates three times starting in September 2024, which has pushed down the ...
Today's Mortgage Rates | Rates Dip Back Down to Mid-6% Range
These are today's mortgage and refinance rates. Mortgage rates rose earlier this week, but they're back down today.
Daily Spotlight: Changes to Fed Funds Outlook
Based on persistent pricing pressures at both the consumer and producer levels, we are adjusting our outlook for Federal Reserve activity in 2025. We now look for two rate cuts in the second half of ...
Mortgage Rates Jump Across Almost Every Loan Type
Wednesday, pushing the average to a two-week high. Rates moved higher for almost every other loan type as well.
Why the bull market in stocks can live with higher inflation
Markets seem to be finding an "equilibrium" in a strong U.S. economy, after Treasury bond rates climbed Wednesday as traders adjusted to a hotter-than-forecast U.S. inflation report, according to ...
Does The Fed Have An Inflation Problem? Not Yet, But The Clock Is Ticking
Both headline and core readings of the consumer price index rose more than expected for the monthly and annual comparisons. Click to read.
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2025 Housing Forecast: When Will Mortgage Rates Go Down?
In January 2023, some experts predicted that rates would be around 4.5% by the end of 2024, which obviously didn't come to pass. Federal Reserve Chair Jerome Powell says it best: "Forecasts are ...
2025 was supposed to be the year mortgage rates fell — but that's looking less likely
Mortgage rates rose Wednesday in response to new inflation data. But borrowers can still find affordability, even when rates ...
Mortgage Rates Bobbing in a Narrow Range Near 8-Week Low
The 30-year mortgage rate average continues to waver, rising slightly Tuesday to 6.85%. The flagship average has been moving ...
Pensions & Investments2d
Hotter-than-expected January inflation numbers may put 'final nail in coffin for rate-cut cycle,' asset managers say
A stronger-than-expected January inflation figure is likely to further cement the Federal Reserve’s cautious approach to ...
Fed Chair Powell says officials are in no hurry to cut interest rates
The US central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday.
Fed Chair Powell says central bank doesn't ‘need to be in a hurry' to lower interest rates further
Powell called the economy “strong overall” with a “solid” labor market and inflation that is easing but still above the Fed’s ...