Tag Archives: Interest

Topline The Federal Reserve on Wednesday opted to ease interest rates for the first time in months, leading the way for potentially lower mortgage rates, bond yields and a likely boost to cryptocurrency over the coming weeks. Average long-term mortgage rates dropped to their lowest levels in months ahead of the central bank’s policy shift. Copyright{2018} The Associated Press. All …

The Federal Reserve lowered interest rates for the first time in nine months on Wednesday, but the central bank struck a cautious approach by cutting by a quarter of a percentage point. At the conclusion of a two-day policy meeting, the Federal Open Market Committee voted to lower its target for the federal-funds rate to 4% to 4.25%, as investors …

Fed Meeting Live Updates: Interest Rates and Economic News  The New York Times Fed set to announce first rate cut in nine months as Trump continues to push for influence  CNN Federal Reserve poised to cut interest rates  NBC News Fed to set interest rates as Trump seeks shakeup of top officials  ABC News Fed set to cut rates, but forecast for rest of …

A sign is posted in front of a home for sale in San Rafael, California, on Aug. 7, 2024. Justin Sullivan | Getty Images Mortgage rates last week dropped to the lowest level since October of last year. That caused a massive run on refinances, as consumers seek more savings in an uncertain economy. Applications to refinance a home loan …

WASHINGTON (AP) — With the Federal Reserve widely expected Wednesday to reduce its key interest rate by a quarter-point to about 4.1%, economists and Wall Street investors will be looking for signals about next steps: How deeply might the Fed cut in the next few months? There are typically two different approaches the central bank takes to lowering borrowing costs: …

Natalie ShermanBusiness reporter Bloomberg/Getty It’s finally happening. After months of economic debate and mounting attacks from US President Donald Trump, the US central bank is poised to cut interest rates on Wednesday. The Federal Reserve is widely expected to announce it is lowering the target for its key lending rate by 0.25 percentage points. That will put it in a …

On Monday night, the Tom Brady conflict of interest that had been hiding in plain sight for months moved to the front burner, when Tom Brady couldn’t hide from being in plain sight of ESPN cameras while in the Raiders’ coaching box. It has become the story of the day and, coincidentally, Fox CEO Eric Shanks appeared earlier in the …

Federal Reserve Chairman Jerome Powell speaks at Jackson Hole on Aug. 22, 2025 in Wyoming. David A. Grogan | CNBC The Federal Reserve meets this week with some big items on the agenda: An important rate decision and forecast of what’s ahead, combined with a healthy dose of political intrigue uncommon for central bank policymakers. On the monetary side, the …

US consumers are feeling the stress of inflation, interest rates, report shows  Reuters Credit scores drop at fastest pace since the Great Recession  CNN Credit scores fall for the second year in a row as more borrowers miss payments  CNBC Average FICO score sheds two points in 2025. Who’s seeing the largest drop?  USA Today FICO Releases Inaugural FICO Score® Credit Insights Report Highlighting …

Trump calls for ‘bigger’ interest rate cut ahead of Fed meeting  Reuters Why the Federal Reserve wants to avoid an aggressive rate cut : The Indicator from Planet Money  NPR Trump predicts ‘big cut’ in interest rates this week  The Hill Trump is pushing for a ‘big cut’ from the Fed—but he’s already on a losing streak  Fortune Trump Goes After ‘Incompetent’ Powell Before …