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Despite the Fed's September cut, mortgage rates have increased over the last month, with the average interest rate on a 30-year fixed-rate loan sitting at about 6.72%, according to Freddie Mac ...
The Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next year than it ...
The Federal Reserve lowered borrowing costs again at its final gathering of 2024, but officials cast doubt over how many more times they’ll be able to cut rates in the year ahead as inflation ...
The Federal Reserve on Wednesday moved to lower its benchmark rate by 0.25 percentage points, ... Fewer rate cuts in 2025. At the same time, the Fed is now penciling in only two rate cuts in 2025 ...
The Federal Reserve held interest rates at a 23-year high Wednesday while scaling back its estimate of rate cuts this year to one. Federal Reserve holds interest rates steady, lowers forecast to 1 ...
The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high inflation that had angered Americans and helped drive Donald Trump’s ...
The Federal Reserve held its benchmark rate steady at its first policy meeting of 2025 as it takes a pause after 2024’s three rate cuts, which included a half-point reduction in September and ...
The September median projection now points to 100 basis points of cuts in 2024, with the federal funds rate expected to fall to a midpoint of 4.4% by the end of this year.