CNBC on MSN19h
'The market is right': Former Fed policymaker Mester sees fewer rate cuts next year after Trump's victory
The U.S. Federal Reserve could carry out fewer rate cuts than previously expected next year should President-elect Donald ...
Lock in a mortgage rate after the Fed cuts? This might be your last chance
The Fed's quarter-point cut was widely expected by economists. Mortgage rates generally follow the path of that benchmark rate – but not recently. When the Fed met in September, it cut rates by ...
Most brokerages retain expectations of 25-bps rate cut from US Fed in December
Major brokerages including J.P.Morgan, Barclays and Goldman Sachs have forecast a 25-basis-point interest-rate cut by the U.S ...
What Fed Rate Moves Mean for Your Finances
Here’s how the central bank’s interest rate moves influence car loans, credit cards, mortgages, savings and student loans.
Fed rate cuts aren't stopping high-yield checking account from offering rates as high as 8% APY — for now
The Federal Reserve cut rates twice in a row, bringing bank account rates down. See how high-yield checking account rates are ...
CNET on MSN5d
Why You Should Care About the Fed's Interest Rate Decision Today
When inflation is high and the economy is in overdrive, the Fed tries to pump the brakes by discouraging borrowing. It does ...
Reuters on MSN5d
US rate futures price in more Fed easing in December and 2025
The decision was unanimous. The statement also noted that economic growth remains solid, while inflation continues to move ...
Jerome Powell was prepared to fight for his job in court when Trump mulled firing the Fed chief in 2018, report says
Trump weighed ousting Powell in 2018, but the Fed chief told then-Treasury Secretary Steven Mnuchin that he would fight his ...