But September brought a shift when the Federal Reserve cut rates for the first time in 2024. This helped push mortgage rates down for a short while, and more changes could be coming soon.

On Sept. 18, 2024, the Federal Reserve cut rates for the first time in over four years, lowering the target federal funds range by half a percentage point, or 50 basis points, to 4.75% to 5.00%.

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Investors expect the Federal Reserve to cut rates as soon as March, according to the CME FedWatch Tool, a tracker for probabilities of Fed’s target interest rate. On average, the S&P 500 gains 0 ...

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(Photo by Win McNamee/Getty Images) Interest rates are expected to move lower in 2025. The question is: How much lower? There are two motivations for the Federal Open Market Committee to cut rates.

The Federal Reserve explained that the decision to cut rates was made because the inflation situation is improving, but risks remain. Inflation is still higher than their goal of 2%, but they are ...

In the early 2000s, markets were just recovering from the dot-com bubble burst. “The Fed cut rates to stimulate the economy, so we saw savings account rates drop well below a 2% rate for several ...

With the lagged effects of restrictive monetary policy beginning to show up in the jobs market, Wednesday's rate cut was a foregone conclusion. The only question was the size of the reduction and ...