How Fed Rate-Cut Odds Have Shifted This Week
Fears of elevated interest rates dampened the mood on Wall Street at the start of this year–but cooling core inflation and dovish comments by Federal Reserve governor Christopher Waller have given investors reason to feel a bit more cheerful this week.
The Federal Reserve has reduced its benchmark interest rate by 1% since September 2024, aiming to give the U.S. economy ...
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Mortgage rates topped 7% this week, a key psychological threshold, in a sign of the US housing market’s unrelenting ...
U.S. inflation ticked higher in December, data indicated Wednesday, but core price price pressures eased, potentially ...
The average rate on a 30-year fixed mortgage reached 7.04% for the week ending January 16 — the highest level since May.
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