Inflation Makes a Comeback: Does This Put December's Rate Cut in Jeopardy?
Core prices, which exclude volatile items like food and energy, increased 0.3% month over month in October, the same as August and September. Housing remains the biggest contributor to rising prices, accounting for half of the increase as the shelter index rose 0.4% month over month.
Traders bet on Fed December rate cut after inflation data
Traders of contracts that settle to the Federal Reserve's policy rate moved Wednesday to price in a firmer chance of another quarter-point interest-rate cut at the central bank's meeting next month, after a government report showed consumer inflation rose in October in line with economist expectations.
Mortgage rates, in particular, surged last year to their highest level since 2000 but have since come down alongside ...
The 30-year rate rose for the seventh week in a row, after Donald Trump won the presidential election and the Federal ...
The Fed cut rates for the second time this year. Learn how this impacts mortgage rates and what to expect in the coming ...
On Nov. 7, the Federal Reserve implemented a 0.25% reduction to the federal funds rate, its second cut in over four years.
Many economists still expect another quarter-point cut ahead in December. But expect more debate on the Fed's path in 2025.
Earlier on Thursday, mortgage rates rose again for the sixth consecutive week, hitting a four-month high of 6.79%, according ...
The Federal Reserve issued another cut to the federal funds rate this week. Here's what it could mean for HELOC rates.
Find out how the Federal Reserve’s decision will impact all aspects of borrowing and spending ...
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