Tag Archives: Rate

NEW YORK — A top official at the Federal Reserve said Saturday that this month’s stunning, weaker-than-expected report on the U.S. job market is strengthening her belief that interest rates should be lower. Michelle Bowman was one of two Fed officials who voted a week and a half ago in favor of cutting interest rates. Such a move could help …

Fed’s Bowman Backs a September Rate Cut  The Wall Street Journal US Fed’s Bowman: Latest jobs data stiffens support for three rate cuts in 2025  Reuters Fed’s Bowman Calls for Community Bank Reform, Favors Rate Cuts  Bloomberg.com Fed’s Bowman makes case for 3 interest rate cuts in 2025 after voting against July hold  Yahoo Finance A top Federal Reserve official says dour jobs data …

JPMorgan says it now sees four Fed rate cuts on the horizon as Trump nominates Miran to Fed  MarketWatch J.P.Morgan brings forward Fed rate cut forecast to September  Reuters Bank of America sees stagflation, not recession—and no rate cut this year. It’s because of 2 specific Trump policies  Fortune Scaramucci: 50-basis-point cut from Fed possible next month  The Hill JPMorgan predicts Fed will cut …

By Rashika Singh (Reuters) -J.P.Morgan now expects the U.S. Federal Reserve to cut interest rates by 25 basis points at its September meeting, citing signs of weakness in the labor market and uncertainty around President Donald Trump’s latest Fed nomination. The brokerage had earlier forecast one 25-basis-point rate cut in December but said in a note on Thursday that the …

As millions of Americans rely on Social Security for their monthly income, new reports indicate the program’s finances are at a critical juncture. Here’s what every current or soon-to-be recipient should understand about the future of Social Security, the risks to your benefits, and what steps Congress could take to keep the program strong. When will Social Security “run out …

Nasdaq posts record closing high with tech gains, rate cut optimism  Reuters S&P 500 rises, Nasdaq closes at record Friday as Apple shares rally: Live updates  CNBC Stocks Climb on Hopes for Russia Deal as Oil Falls: Markets Wrap  Bloomberg.com US stocks end week strong as Nasdaq notches record. Gold also scores record high.  USA Today The S&P 500 Finishes Shy of Record as …

Mortgage Calculator: Here’s How Much You Need To Buy a $439,450 Home at a 6.63% Rate  Realtor.com Mortgage Rates Decline To Lowest Level In Nine Months  Bankrate Mortgage Rates Flat Ahead of Next Week’s High-Stakes Data  Mortgage News Daily Average rate on a 30-year mortgage drops to lowest level since April  Yahoo Finance Mortgage rates hit 4-month low; will the downward trend last?  Real Estate …

Wall Street gains with tech, rate cut expectations  Reuters S&P 500 rises, Nasdaq hits all-time high as Wall Street aims for a strong end to the week: Live updates  CNBC Stock Market Today: Dow and S&P 500 rise; Tech-heavy Nasdaq attempts fresh record high  MarketWatch Stocks Supported by Robust Earnings and Rate Cut Hopes  Yahoo Finance Dow Jones Today: Stocks Surge as S&P 500, …

WASHINGTON — Federal agents are expected to have a much stronger and visible presence on the streets of Washington starting Friday following several days of President Donald Trump’s bashing the city’s crime rate. “President Trump has directed an increased presence of federal law enforcement to protect innocent citizens,” White House press secretary Karoline Leavitt said in a statement Thursday, calling …

The average rate on a 30-year U.S. mortgage has fallen to its lowest level in four months, welcome news for prospective homebuyers who have been held back by stubbornly high home financing costs. The long-term rate fell to 6.63% from 6.72% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.47%. Borrowing costs on 15-year …