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Fed, rate cut
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 order to avoid roiling markets. But Wall Street was mostly clueless this week when it came to predicting how big a rate cut the Fed would deliver on Wednesday.
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 the country’s top financial decision-makers, sending stocks surging to all-time highs and finally quieting the “will they,
The Fed Rate Cut, Mortgage, Auto And Credit Card Rates: What To Expect
The Fed cut its short term interest rate by 0.50%. How will this affect mortgage rates, auto loans, and credit cards? Does the cut indicate a problem with the economy?
Nebraska’s unemployment rate went up slightly
Nebraska’s unemployment rate went up slightly, while U.S. rate declined a bit
Nebraska’s unemployment rate went up slightly last month while the national unemployment rate went down slightly, according to preliminary and seasonally adjusted data released Friday. In Nebraska, the unemployment rate for August was 2.
Unemployment rates in SoCal counties rise slightly in August
The seasonally adjusted unemployment rate in Los Angeles County rose to 5.6% in August, up from a revised 5.5% in July, according to the California Employment Development Department on Friday. […]
Nebraska unemployment rate up slightly in August
According to figures released Friday by the Nebraska Department of Labor, the state unemployment rate in August was 2.7%, up from 2.6% in July and 2.4% in August 2023.
1d
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%, ...
5h
Dimon Says He’s Skeptical of Soft Landing After Rate Cut
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said he remains skeptical about a soft landing in the US following ...
5h
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 ...
8h
on MSN
Surprised by how fast the market reacted to the Fed's rate cut, says Morgan Stanley's Andrew Slimmon
Andrew Slimmon, senior portfolio manager at Morgan Stanley Investment Management, joins ‘Squawk Box’ to discuss Wall Street's ...
8h
Wall Street inches lower in premarket Friday as rate cut-fueled rally fades
Wall Street pointed lower as a rally driven by the Federal Reserve’s big cut to interest rates faded and markets’ focus ...
9h
Rate cut Q&A with Globe business columnist Larry Edelman
Boston Globe business columnist Larry Edelman answers the most important questions related to the Federal Reserve’s interest ...
11h
Fed’s big rate cut 'screams of interference' in election, Trump adviser says
Reaction from Trump world shows the fight is now over who gets credit for what looks like a soft economic landing: "Why ...
22h
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, ...
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