The Fed Rate Cut, Mortgage, Auto And Credit Card Rates: What To Expect
The Fed cut its short term interest rate by 0.50%. How will this affect mortgage rates, auto loans, and credit cards? Does ...
US Fed governor Christopher Waller says bold rate cut not signal of 'falling behind'
The Federal Reserve's big interest rate cut this week is not a sign that the US economy is "falling behind," Fed governor ...
Dow Turns Higher After Dovish Comments From Fed's Waller
The Dow rallied back in the wake of dovish comments from Federal Reserve Gov. Christopher Waller. The Dow was up 20 points, or nearly 0.1%. If the Dow manages ...
Jamie Dimon isn't making a big deal of the Fed interest rate cut
JPMorgan Chase (JPM) chief Jamie Dimon thinks the Federal Reserve’s first interest rate cut in over four years was “a minor ...
Fed's Bowman says dissent on large rate cut based on above-target inflation data
Federal Reserve Governor Michelle Bowman said on Friday she dissented over the U.S. central bank's half-percentage-point ...
Is the Fed’s Plan to Avoid a Recession Working?
Preston Caldwell is senior U.S. economist for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, ...
What lower rates mean for markets
With the Federal Reserve shifting gears and cutting interest rates by a half point, it’s time for investors, households and ...
Fed's Waller: Weak inflation data cemented case for 50 basis point cut
U.S. Federal Reserve Governor Christopher Waller, one of the more ardent voices in the central bank's battle to hike interest ...
Which path will the Fed take to ease monetary policy?
There is little historical experience to guide policymakers or investors, because the current economic cycle is like no other ...
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How the Fed's rate cut will impact auto loans
It will take a lot more than the single rate cut from the Fed to make a notable difference in auto loan rates. Since 2022, ...
Will a Jumbo Interest Rate Cut Be Followed by a Recession? It's Happened Before
The Federal Reserve began what will likely be a campaign of interest rate cuts Wednesday by cutting its influential federal ...
Stock market today: Wall Street wavers a day after setting record highs
U.S. stocks are drifting in early trading after leaping to records the day before as part of a worldwide rally.