Here’s a puzzle for market watchers: Hours after the Federal Reserve cut interest rates Wednesday for the first time since 2020, mortgage rates ticked up by 4 basis points. Aarthi Swaminathan is ...

SINGAPORE: The Federal Reserve has lowered interest rates for the first time in four years – and in a big way. The United States central bank on Wednesday (Sep 18) announced a 50-basis-point ...

Average 30-year fixed mortgage rates fell again this week to 6.09%, though the move wasn’t directly tied to the Federal Reserve’s rate cut on Wednesday. The average rate dropped 0.11 ...

On Wednesday, the Fed announced that it reduced its key rate by an unusually large half-percentage point, to between 4.75 and 5 percent The Federal Reserve has cut its benchmark interest rate from ...

Traders have pushed back expectations the Reserve Bank will soon follow the path of the US Federal Reserve, which kicked off its easing cycle with a jumbo interest rate cut. The world’s most ...

The Fed delivered a jumbo-sized rate cut this week. The Federal Reserve delivered a jumbo-sized rate cut this week in a move widely viewed as a declaration of victory over inflation and a signal ...

It's been a long and bumpy road to the Federal Reserve's first interest rate cut in more than four years — a moment that could prove decisive to the finances of millions of Americans.

A crowd assembled to hear Republican vice presidential candidate JD Vance speak on Wednesday reacted strongly to a reporter’s question about the Federal Reserve cutting interest rates by half a ...

The decline in mortgage costs, influenced by expectations of the Federal Reserve’s rate moves, could revive interest in buying, selling and remortgaging, economists said. Source: Freddie Mac By ...

For more financial news, go to the News24 Business front page. As expected, the SA Reserve Bank’s monetary policy committee (MPC) lowered interest rates by 25 basis points – despite a jumbo cut of 50 ...

Former President Donald Trump suggested Wednesday the Federal Reserve’s decision to cut interest rates by half a point could be politically motivated. When asked during a campaign stop in New ...

After contending with the highest federal funds rate in decades, the Federal Reserve has issued its first rate cut since 2020 this week, surprising markets with a more aggressive move than ...