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.
9hon MSN
Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central bank is in no hurry to cut ...
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 ...
Federal Reserve Chair Jerome Powell has taken the ball from Donald Trump for the market. While his comments didn’t derail the ...
US indices continue to look bullish, but at this point it also looks like they are trying to work off some of the bigger froth, and this means that we are likely to see a continuation of the overall ...
Both the Dow and the Nasdaq are +80 points at this hour ... All eyes will be trained, instead, on the announcement of Fed rate policy this afternoon at 2pm ET. Expectations are for a 25 bps ...
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