This is what Fed rate cut means for your home loan
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Read how rising 10Y Treasury yields and inflation risks could impact the S&P 500 bubble. Access the full analysis on macro and markets here.
"We don't set mortgage rates." That was Federal Reserve Chair Jerome Powell, speaking during an afternoon press conference after the Fed's decision to cut interest rates. Powell did note that central-bank policies do tend to impact the housing market and mortgage rates.
Banks stuck with troubled real-estate-related loans. An economy in the doldrums with high unemployment. No, that isn't a snapshot of today's economy. It is what the United States looked like 30 years ago, as it emerged from the recession of 1980.
U.S. Treasury Secretary Scott Bessent said he views China's yuan valuation as a bigger problem for Europe than the United States, as the currency has risen against the dollar but has declined against the euro.
HARTFORD, CT (WFSB) - A report calculated which cities have experienced a rapid increase of homicide rates during the past few years. The personal finance website WalletHub.com released its report, titled “Cities with the Biggest Homicide Rate Problems ...
Sitting quietly at your desk, watching TV, or lying in bed at night, your heart should be taking it easy – beating steadily and calmly at somewhere between 60 and 80 beats per minute for most healthy adults. But what if you check your pulse and discover ...
The Fed cut rates Wednesday, resisting Trump’s push for deeper cuts, but looming legal and political battles — including a Supreme Court case — could test its independence.
The US isn't out of the words with inflation, and one fixed-income strategist thinks the Fed's jumbo rate cut will make matters worse.