The Fed surprised many investors with a jumbo rate cut this week. It won’t get much easier to predict the next move
Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in order to avoid roiling markets. But Wall Street was mostly clueless this week when it came to predicting how big a rate cut the Fed would deliver on Wednesday.
The Fed cut its short term interest rate by 0.50%. How will this affect mortgage rates, auto loans, and credit cards? Does ...
The Federal Reserve’s decision Wednesday to lower its key interest rate by half a percentage point brought some clarity to ...
Say you've been holding off on signing or refinancing a mortgage because rates were stuck around 7%. Currently, the average ...
Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the ...
The only Federal Reserve official to dissent from the central bank’s aggressive half-point interest-rate cut earlier this ...
Boston Globe business columnist Larry Edelman answers the most important questions related to the Federal Reserve’s interest ...
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