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Fed’s historic rate cut and how it affects you
Jamie Dimon: Only 5% of everyday Americans probably know about the Fed’s historic interest-rate cut
JPMorgan Chase CEO Jamie Dimon suggests the half-point interest-rate cut is “a minor thing” that Wall Street — not Main Street — is obsessing over.
What’s Next for Rate Cuts? The Fed Is Watching Jobs and Prices.
A Federal Reserve official predicted quarter point rate cuts if data looked ‘fine’. But he also set out a scenario for a pause — or faster reductions.
What Does The Fed Rate Cut Mean For the Housing Market?
This week, the Federal Reserve cut its influential federal fund rates by 50 basis points. That could shake up the dynamic of the housing market, though perhaps not immediately.
Wall Street, rate cut
The Long-Awaited Rate Cut Is Here. Here’s What That Means for Your Wallet
The Mortgage Bankers Association currently predicts the average 30-year rate to finish out 2024 at 6.5% and 2025 at 5.9%, while Fannie Mae forecasts 6.4% and 5.9%, respectively. While those mortgage rates are lower than we’ve seen for much of this year, they could also come with unwanted consequences.
Wall Street dips after rate cut rally, dollar firms
Wall Street closed flat on Friday, hovering near the previous session's record-high close for the Dow and S&P 500, while the dollar firmed as investors digested the Federal Reserve's 50-basis-point cut midweek that started a rate reducing cycle.
Global stocks are mixed as Wall Street's rate cut-fueled rally fades
European markets have opened lower after Asian stocks surged, as a rally driven by the Federal Reserve’s big cut to interest rates fades
1d
The average 30-year mortgage rate has fallen to its lowest level since February 2023
Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance their loans to a lower rate, ...
10h
4 expert tips on making the most of your cash after the first interest rate cut in 4 years
Now that the Fed cut interest rates, you might want to make some changes to keep building wealth. Start looking at CDs and ...
1d
on MSN
OK, so there was an interest rate cut. What do I do now?
The Federal Reserve’s decision Wednesday to lower its key interest rate by half a percentage point brought some clarity to ...
6h
Jamie Dimon is skeptical about a soft landing and says Fed rate cut won’t affect the election
I am a little more skeptical than other people. I give it lower odds.” ...
1d
The Fed surprised many investors with a jumbo rate cut this week. It won’t get much easier to predict the next move
Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in ...
1d
The Fed's Massive Rate Cut Has a Huge Silver Lining for Savers Who Missed Out on 5% CDs
Say you've been holding off on signing or refinancing a mortgage because rates were stuck around 7%. Currently, the average ...
1d
on MSN
The Fed's lone dissenter on the big rate cut says she's concerned about 'premature declaration of victory' over inflation
Michelle Bowman said such a big initial rate cut could complicate the Fed's mission of getting inflation back to its 2% ...
1d
Colorado realtors hope interest rate cut jumpstarts lackluster market
After a slower-than-average summer homebuying season, Colorado realtors hope this week’s interest rate cut will motivate ...
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