The Federal Reserve is widely expected to lower its benchmark interest rate this week for the first time since December of 2024. A rate cut would give Americans a sliver of relief on a wide range of loans, but would it bring down mortgage rates? Average rates for a 30-year fixed-rate mortgage fell to 6.35% this week, its lowest level in …
Read More »Fed policymakers signal rising angst about cooling economy Reuters Three Fed Officials Voice Fresh Concerns Over US Labor Market Bloomberg.com Fed’s Daly: Fed will likely need to lower rates in coming months as job market has slowed Yahoo Finance Kashkari leans toward rate cut as concerns about an economic slowdown grow at the Fed MarketWatch Fed’s Kashkari Says Two Rate Cuts in 2025 Are …
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The President of the European Central Bank Christine Lagarde at the 2025 European Central Bank Forum on Central Banking on June 30, 2025 in Sintra, Portugal. Horacio Villalobos | Corbis News | Getty Images The European Central Bank on Thursday kept interest rates steady amid major economic uncertainty, as the European Union scrambles to negotiate a trade agreement with the …
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