Concerns grow that the Federal Reserve is moving too slowly to cut interest ratesBy businessinvestopedia.comAugust 2, 20240 Before Friday’s July employment report, traders were eager for the Federal Reserve to cut interest rates by a quarter of…
UK lenders cut mortgages as BOE cuts interest rates to provide relief to homeownersBy businessinvestopedia.comAugust 2, 20240 Traditional houses line a street in Muswell Hill, a suburb north of London, with Canary Wharf visible on the horizon.George…
If the Fed cuts interest rates, these income investments could fare better than money market funds.By businessinvestopedia.comJuly 31, 20240 Money market funds have been inflowing since the Federal Reserve began its interest rate hike cycle. But now that the…
Fed keeps interest rates on hold, hints at possible cut in SeptemberBy businessinvestopedia.comJuly 31, 20240 WASHINGTON: The US Federal Reserve kept interest rates unchanged on Wednesday but signalled it may cut borrowing costs at its…
Mortgage demand declines as home buyers eager for lower interest ratesBy businessinvestopedia.comJuly 24, 20240 An aerial view of subdivisions that have replaced former rural fields in Hawthorn Woods, Illinois, on July 19, 2023.Scott Olson…
Mortgage refinancing demand surges to two-year high as interest rates fallBy businessinvestopedia.comJuly 17, 20240 Courtney Keating | Getty ImagesMortgage rates fell to their lowest since March last week, spurring a surge in demand for…
Chairman Powell signaled he won’t wait until inflation hits 2% before lowering ratesBy businessinvestopedia.comJuly 15, 20240 Federal Reserve Chairman Jerome Powell said Monday that the central bank won’t wait until inflation hits 2% before cutting interest…
Rising house prices and mortgage rates leave homeowners feeling ‘stuck’By businessinvestopedia.comJuly 15, 20240 Showing homes available for sale in Austin, TX on May 22, 2024. Brandon Bell | Getty ImagesWhen Rachel Burress moved…
Why the Federal Reserve won’t cut rates in SeptemberBy businessinvestopedia.comJuly 12, 20240 US Federal Reserve Chairman Jerome Powell made the remarks during a hearing of the Senate Committee on Banking, Housing and…
Fed Chairman Powell said keeping interest rates high for too long could jeopardize economic growth.By businessinvestopedia.comJuly 9, 20240 US Federal Reserve Chairman Jerome Powell made the remarks during a hearing of the Senate Committee on Banking, Housing and…
