Here’s where you can still score a 6% APY, and higher, on your savings – as the Fed cuts rates for the first time in 4 years
After years of rate hikes in its effort to tame rising inflation, the central bank has elected to do something it hasn’t done ...
BOJ signals rate-hike pause after big Fed cut, market rout
Bank of Japan policymakers discussed the need to go slow in raising interest rates as jittery markets clouded the outlook, a ...
The Federal Reserve Is Cutting Interest Rates: 3 Stocks to Buy Today
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Fed's latest rate hike means credit cardholders can expect higher bills this spring and summer, warns expert
The Fed, aiming to tamp down on historically high inflation, approved a 0.25 percentage point interest rate hike and reportedly expect to rise rates six more times this year. Americans caught ...
Dollar Hits One-Month Peak to Yen as Fed Seen Taking Time With Rate Cuts
The euro languished not far from a three-week trough reached in the previous session, after normally hawkish European Central ...
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Layin’ It on the Line: What the Fed rate drop will do to your retirement savings account
You’ve probably heard about the Federal Reserve’s interest rate adjustments. Maybe it even made the news with a little more ...
September jobs report shows 254,000 increase in hiring and lower 4.1% unemployment rate
The U.S. economy created a robust 254,000 new jobs in September, indicating the labor market is still in pretty good shape ...
Average Rate on a 30-Year Mortgage in the U.S. Ticks up to 6.12%, First Increase in 7 Weeks
The average rate on a 30-year mortgage is down from 7.22% in May, its 2024 peak. Rates have been mostly declining since July ...
How Fed rate cuts may impact consumers
The Federal Reserve cut its key lending rate by 0.5% on Sept. 18. While it remains to be seen how many more rate cuts will ...
Home Tours Hit Highest Level Since May, Mortgage Demand Surges 68% After Fed Rate Cut
Following the Federal Reserve’s interest rate cut, the housing market shows renewed interest.According to a Redfin report, ...
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Fed’s rate cut may ease foreign fund flow to Bangladesh
However, the recent rate cut by the Federal Reserve, which is just the beginning of a series of reductions, opens up ...
A Former Fed Vice Chair Sizes Up Rates, the Economy, and Powell
Roger Ferguson gives the Federal Reserve high marks for making a jumbo rate cut to get ahead of any labor-market weakness.