Inches Fed - QuikReader

Why credit card debt forgiveness is worth it even with more Fed rate cuts

Another interest rate cut was just issued. Here's why you should still pursue credit card debt forgiveness anyway.

The Fed just cut interest rates by another 25 basis points—here’s what will get cheaper

With interest rates declining, borrowing costs for credit cards, personal loans, and auto financing should get a bit cheaper, saving a few bucks on most loans.

Business - CNBC - 2 days ago

Here's why Eli Lilly bounced back, plus mega-caps lag while staples stocks rise

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Business - CNBC - Yesterday

Powell says he would not resign as Fed chief if Trump asked for his resignation

When asked whether he would resign if asked by Trump, the Fed chair simply said: "No."

Business - CNBC - 2 days ago

Fed Chair Powell says he won't resign if Trump asks him to step down

Fed Chair Jerome Powell responded with a one-word answer when asked if he'd step down if asked by President-elect Donald Trump.

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 - 2 days ago

S&P 500, Nasdaq close at records and extend postelection rally as Fed cuts rates

The S&P 500 and Nasdaq rose Thursday, extending Wall Street’s rally in the wake of President-elect Donald Trump’s victory, as traders weighed the latest rate cut from the Federal Reserve.

Fed Chair Jerome Powell says he won't resign if Trump tries to remove him

Federal Reserve Chairman Jerome Powell said he would not step down if pressured by President-elect Trump. The Fed also cut interest rates by one quarter of a percentage point. MoneyWatch ...

Fed chair says Trump can't remove him. Could Trump still influence interest rates?

The standoff carries high stakes for the U.S. economy, experts said.

4 smart home equity moves to make now that the Fed cut rates again

The Federal Reserve has issued another rate cut. Here are four smart moves home equity borrowers should make now.

Would the Fed ever rely on AI to decide interest rate moves? The risks are high.

Challenges of artificial intelligence directing U.S. central-bank decisions are substantial.

Business - MarketWatch - 7 hours ago

Latest in Inches Fed

Why credit card debt forgiveness is worth it even with more Fed rate cuts

The Fed just cut interest rates by another 25 basis points—here’s what will get cheaper

Here's why Eli Lilly bounced back, plus mega-caps lag while staples stocks rise

Powell says he would not resign as Fed chief if Trump asked for his resignation

Fed Chair Powell says he won't resign if Trump asks him to step down

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

S&P 500, Nasdaq close at records and extend postelection rally as Fed cuts rates

Fed Chair Jerome Powell says he won't resign if Trump tries to remove him

Fed chair says Trump can't remove him. Could Trump still influence interest rates?

4 smart home equity moves to make now that the Fed cut rates again

Would the Fed ever rely on AI to decide interest rate moves? The risks are high.

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