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What's the CD interest rate forecast for November 2024?

Interested in putting some money into a CD account this November? Here's what could happen with the rates on CDs.

Trump’s victory means fewer Fed rate cuts

“Trump is a president who likes to spend, he was a real-estate developer who loves to borrow. I don’t think he’s shaken either of those ideals,” notes one analyst.

Business - MarketWatch - 6 days ago

Mortgage rates jump after Trump defeats Harris

Mortgage rates rose Wednesday morning as the financial markets reacted to Republican nominee Donald Trump winning the presidential election.

Business - MarketWatch - 6 days ago

U.S. House leaning Republican, CBS News rates

President-elect Donald Trump will return to the White House on Jan. 20, 2025, and he may be leading a government entirely controlled by his party. Republicans flipped the Senate through a handful ...

Interest rates cut but Bank hints fewer falls to come

Interest rates were cut to 4.75% but the Bank expects inflation to creep higher after last week's Budget.

Bank of England cuts interest rates to 4.75%

Central bank signals further reduction is unlikely before next year as it raises post-Budget inflation forecast

World - Financial Times - 5 days ago

Federal Reserve cuts interest rates by a quarter point

The Federal Reserve approved its second consecutive interest rate cut Thursday.

Business - CNBC - 5 days ago

Fed cuts interest rates days after election

The Fed cut interest rates by a quarter of a percentage point.

Federal Reserve lowers rates by a quarter point

The Federal Reserve announced it is lowering the interest rate by a quarter point. NBC News’ Christine Romans explains what this means for the progress of inflation.

Fed cuts interest rates as Powell says he will not resign as chair

US central bank lowers target range by a quarter point to 4.5%-4.75%

World - Financial Times - 5 days ago

Fed Cuts Interest Rates by a Quarter Point, but the Path Ahead Is Less Clear

The Federal Reserve is reducing rates in response to cooling inflation. Donald Trump’s presidential victory has pumped up uncertainty.

Business - The New York Times - 5 days ago

Mortgage Rates Fell, Then Rose. What Comes Next?

Many would-be home buyers are still hoping for mortgage rates to come down as the Federal Reserve cuts interest rates. How much they will fall is unclear.

Business - The New York Times - 4 hours ago

Despite a half-point Fed rate cut, the average credit card interest rate fell by just 0.13%, report finds

Credit card APRs are edging lower after the Federal Reserve cut interest rates by a half point, but not by much.

Business - CNBC - November 1

Should you lock in a mortgage rate after the November rate cut? Experts weigh in

Aside from the November rate cut, several factors play a role in timing your mortgage rate lock.

What will happen to home equity loan rates after this week's Fed rate cut?

Another Fed rate cut is expected this week. Here's what that could mean for home equity loan rates.

Mortgage rates are likely to stay high after Trump's election win—despite Fed rate cuts

With a Republican sweep of the presidency and Congress, mortgage rates could stay well above 6% for the rest of 2024.

Business - CNBC - 5 days ago

Fed’s Waller calls for rate cut caution after ‘disappointing’ data

Influential governor says US economy in ‘sweet spot’ but hotter than expected inflation not welcome

World - Financial Times - October 15

Here's what a $150,000 HELOC costs monthly now that rates have dropped

A $150,000 HELOC comes with inexpensive monthly payments that could fall in the months ahead. Here's what to know.

Euro falls to 2-month low as investors price in interest rate cuts

Single currency has dropped more than 2% against dollar so far this month

World - Financial Times - October 15

How a rare type of mortgage is landing homebuyers a 3% rate

U.S. homebuyers are looking into mortgage assumption as a way to secure a sub-3% mortgage rate.

Business - CNBC - October 15

How back-to-back hurricanes could impact insurance rates across the U.S.

As Florida residents recover from hurricanes Milton and Helene, experts say the damage will likely worsen the home insurance crisis in the state and could lead to higher rates nationwide. CBS News ...

Would a Strong Job Market Stop Fed Rate Cuts? This Official Says No.

Mary C. Daly, the president of the Federal Reserve Bank of San Francisco, said that the central bank shouldn’t act “out of fear.”

Business - The New York Times - October 15

U.S. unemployment rate to stay low in 2025, top forecaster says

U.S. economic growth should moderate in 2025 but remain relatively strong, and the unemployment rate will look a little better, Harvard economist Karen Dynan said Tuesday.

Business - MarketWatch - October 15

Has Boeing done enough to avoid the credit rating junk yard?

Plane maker is burning through an estimated $1bn a month during a strike by its largest labour union

Business - Financial Times - October 15

USA, Mexico ratings: El Tri teach Pochettino a Concacaf lesson

Raul Jimenez was excellent for Mexico, while the performances of Aidan Morris and Tim Ream will leave new U.S. boss Mauricio Pochettino with plenty to ponder.

Sports - ESPN - October 16

Surprise fall in inflation to 1.7% paves way for interest rate cuts

September's figure comes two weeks ahead of the Budget and will be used to decide how much benefits will rise in April.

Benefits, interest rates and pensions - how September's inflation figure affects you

The cost of living is always important but this month's has a particular extra impact for millions of people.

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