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Fed 50-Basis-Point Rate Cut Could be Seen
For home shoppers, the Fed’s big rate cut is likely just a small step towards affording a home
The Federal Reserve gave home shoppers what they hoped for this week: a big rate cut and a signal of more cuts to come. Even so, aspiring homebuyers and homeowners eager to refinance should temper their expectations of a big drop in mortgage rates from here.
The Fed Rate Cut May Give Harris a Boost – but Just a Small One
The Federal Reserve’s decision to slash interest rates by half a percentage point will offer relief to American borrowers while giving Wall Street a boost. How much it will reshape the 2024 White House race is unclear, but it may pay a small dividend to Vice President Kamala Harris.
Fed Announces Big Rate Cut
We concluded that this was the right thing for the economy and the people we serve,” the Federal Reserve chair, Jerome Powell, said, referring to the central bank’s decision to cut interest rates by half a point.
3h
Where Is Walter Williams As The Fed ‘Lowers’ Rates 50 Basis Points?
Economists with their cheerleading of Fed price controls are like the drunk doctor at the party grabbing women where they ...
3d
on MSN
Mortgage rates drop to lowest since early February 2023 after Fed’s jumbo interest rate cut
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
4d
What has the Fed done in election years? Rate changes happen more often than not
As common as rate changes are in election years, brand new rate-reduction cycles - a series of cuts that follow either one or ...
3d
Fed cuts key interest rate half a point as inflation eases. Will borrowers get a break?
The Federal Reserve cut its key interest rates half a percentage point Wednesday, a strong move that reverses two years of ...
3d
The Fed Rate Cut, Puncturing The Phillips Curve Myth
The echo chamber of prominent economists have tried over the years to fit the Phillips curve to reality. Ditch the Phillips ...
MLive
2d
Residents fed up with DTE rate hikes decry latest $456M ask to up power bills
"This is an abusive relationship," said one commenter at a Detroit hearing on DTE Energy's request for higher electric rates.
3d
on MSN
Stocks jump following larger-than-expected Fed rate cut — but labor market concerns linger
Stocks surged to open Thursday trading in the wake of the Federal Reserve’s announcement that it was lowering interest rates ...
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