Fed Cuts Interest Rate by a Quarter Point

The Fed expects to cut rates more slowly in 2025. What that could mean for mortgages, debt and more
The Federal Reserve's third interest rate cut of the year will likely have consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses.But with inflation pressures still elevated and with concern that President-elect Donald Trump's policies could fuel inflation,
Today's Mortgage Rates | Fed Meeting Brings Uncertainty Around Where Rates Will Go Next Year
These are today's mortgage and refinance rates. Mortgage rates might not drop as much next year if the Fed only lowers rates a couple of times.
Fed Cuts Interest Rate by a Quarter Point, but Don't Expect Big Declines for Mortgages Yet
In remarks at a postmeeting press conference on Wednesday, Fed Chair Jerome Powell said that policymakers are now equally attuned to risks from both sides of the mandate, and would proceed cautiously with future rate cuts to avoid reigniting rapid inflation.
The Fed Has Lowered Rates Again. Does That Mean 2025 Mortgage Rates Will Fall?
The Fed announced its third straight rate cut this week, also signaling that additional reductions are likely in 2025. What could this mean for future mortgage rates?
Fed’s Goolsbee Now Sees Shallower Path for Rate Cuts Next Year
Federal Reserve Bank of Chicago President Austan Goolsbee said he adjusted his outlook for interest rates a little higher for 2025 but added he still expects borrowing costs to fall a “fair bit more” over the next 12 to 18 months.
The Fed is lowering interest rates. So why are mortgage rates going up?
The central bank has cut its benchmark interest rate three times in 2024, but mortgage rates haven't followed suit. In fact, they're higher. Why?
Fed policymakers see slower rate-cut path next year
San Francisco Federal Reserve Bank President Mary Daly on Friday said the decision by the U.S. central bank to lower interest rates on Wednesday by another quarter percentage point was a "close call," adding she agreed with Chair Jerome Powell that caution is now warranted toward further policy adjustments.
What the Fed's new rate cut means for gold investing
The Federal Reserve rolled out its third rate cut of the year this week, a move that could impact the gold market.
Today's Mortgage Rates | Rates Jumped Following This Week's Fed Cut
These are today's mortgage and refinance rates. Mortgage rates are higher following the latest Fed meeting, and they may not drop as much next year.
Why Fed rate cuts aren't making mortgages cheaper
Federal Reserve policies can have a dramatic effect on the cost of mortgage financing. For example, the central bank took interest rates to historic lows in the pandemic and bought mortgage-backed securities at a massive scale.
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Fed Reverse Repo Facility Balances Sink Below $100 Billion
The amount of money investors park at a major Federal Reserve facility dropped below $100 billion for the first time since ...
There’s now a 40% chance the Fed will pivot back to hiking rates again next year, top economist says
"For investors, it is starting to look similar to 2022—too high inflation, rising interest rates, and falling stock prices." ...
Odds now nearly one in five the Fed does nothing next year
The Federal Reserve on Wednesday sent out a clear message that it was prepared to slow the pace of interest rate cuts in 2025 ...
Federal workers fed up with paycheck uncertainty surrounding shutdown fights
During a shutdown, most government workers are furloughed, though many are required to report to work if their job is ...
Forget the stock-market tumble, the Fed made the right move in a wild week
“The message from the November personal income data is that the Fed was correct in stopping right here,” said Steve Blitz, ...
Exclusive: Fed's Barr seeks legal advice amid speculation Trump might remove him, sources say
Federal Reserve Vice Chair for Supervision Michael Barr has sought legal advice to explore his options against any attempts ...