Oil settles down 2% on weaker Chinese demand, uncertainty over Fed rate cut
Oil prices settled down more than 2% on Friday as investors fretted about weaker Chinese demand and a potential slowing in ...
How the Fed's Rate Cuts Will Affect Your Money—And What to Do About It
The Federal Reserve cut its influential interest rate for the second meeting in a row last week to boost the economy and ...
Relief from higher rates is uncertain, as Fed signals slower move on cuts
Fed watchers see a greater chance the central bank may skip a rate cut at its last meeting of the year in December.
Stock market today: Wall Street falls toward worst loss since Election Day as vaccine makers sink
U.S. stocks are falling toward their worst loss since Election Day as the big bump Wall Street got from last week’s victory ...
CNET2h
Mortgage Predictions: The Fed Isn't Hurrying to See Lower Rates
The Fed has two main objectives: maintain maximum employment and contain inflation. Although one single data point is never ...
Crain's Chicago Business3h
'Rates will be a lot lower’ in 12-18 months, Goolsbee says
The Chicago Fed chief said as long as inflation continues down toward the central bank’s 2% goal, interest rates will keep ...
Stock Market Today: Dow opens lower as stocks head for losing week
U.S. stock futures pointed to another day of losses Friday as investors absorbed the message of Fed Chair Jerome Powell that ...
FloridaRealtors.org3h
Powell: Fed to Cut Rates Cautiously on Inflation
Economists expect the Fed to announce another quarter-point rate cut in December after September and November cuts. Interest ...
Gold set for biggest weekly fall in 3 years as Fed rate-cut bets ease
Gold prices on Friday were on track for their biggest weekly decline in over three years as expectations of less aggressive ...
HousingWire4h
Mortgage rates jump to 7% as Powell demurs on quick rate cuts
Jerome Powell's comment that the Fed won't be quick to make rate cuts raised mortgage rates to an even higher level on Friday, eclipsing 7%.
Fed's Collins says December interest-rate cut isn't a done deal
Boston Fed President Susan Collins said Friday that she doesn't think a December rate cut is a "done deal." Collins made the comment in an interview with the Wall Street Journal. In a subsequent ...
Fed’s Collins Says December Rate Cut Still on the Table
Federal Reserve Bank of Boston President Susan Collins said a December interest-rate cut remains on the table, emphasizing ...