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How Fed Rates Influence Credit Cards, Loans, Savings and More
Here’s how the central bank’s interest rate moves influence car loans, credit cards, mortgages, savings and student loans.Business - The New York Times - Yesterday -
Why mortgage rates could be heading to 8%, despite a Fed cut
The 30-year rate inched up for the sixth week in a row ahead of an expected interest-rate cut by the Federal Reserve.Business - MarketWatch - 7 hours ago -
What the Fed rate cut means for mortgage interest rates
Another Fed rate cut is now official. Here's what that could mean for mortgage interest rates.Top stories - CBS News - Yesterday -
Powell: Fed won't 'speculate' about Trump's impact on economy
The Federal Reserve cut interest rates by 0.25 percentage points on Thursday, the second consecutive cut since a two-year rate hike run to curb post-pandemic inflation, as the economy and labor ...Politics - The Hill - Yesterday -
Fed Chair says he won't resign if Trump asks him to
Fed Chair Jay Powell said Thursday that he would not resign if president-elect Donald Trump asked him to.Top stories - NBC News - Yesterday -
Trump’s win and the Fed’s rate cut are giving the stock market an open road
S&P 500 races ahead, and opportunities surface in solar power and crypto.Business - MarketWatch - Yesterday -
Fed Chair Powell: Election will have 'no effects' on policy decisions
Federal Reserve Chair Jerome Powell said the presidential election will have “no effects” on policy decisions. The fed cut key interest rates a quarter point.Top stories - NBC News - Yesterday -
What does the Fed's interest rate cut say about the state of the economy?
The Federal Reserve cut interest rates for the second time this year just days after the end of a presidential race in which inflation played a big role. CBS News MoneyWatch correspondent Kelly ...Top stories - CBS News - 22 hours ago -
Treasury volatility gauge plunges as bond traders navigate election, the Fed
Yields on U.S. government debt finished mixed on Friday amid lower volatility as traders absorbed the election of Donald Trump as U.S. president and the Federal Reserve’s 25-basis-point ...Business - MarketWatch - 57 minutes ago -
Traders see good chance the Fed cuts again in December then skips in January
Fed funds futures contracts pointed to a roughly 75% probability that the U.S. central bank would cut rates again in December.Business - CNBC - Yesterday -
Trump election win spurs US stocks to strongest week in a year
S&P 500 breaks through 6,000 for first timeBusiness - Financial Times - 42 minutes ago -
Fed cuts rates by quarter point: What it means for your money
The Federal Reserve announced it will lower interest rates by a quarter point. It’s a decision that impacts everything from home loans to credit cards. NBC’s Christine Romans joins TODAY to break ...Top stories - NBC News - 9 hours ago -
Powell, Fed Chair, Will Likely Face Heavy Pressure From Trump
The chair of the Federal Reserve made clear he would not resign, even under pressure. But pressure from the White House is likely, market watchers say.Business - The New York Times - 8 hours ago -
How the interest rate cut from the Fed could affect you
Federal Reserve Chair Jerome Powell announced an interest rate cut Thursday for the second time in the last three months as inflation continues to decline. CBS News contributor Javier E. David has ...Top stories - CBS News - 7 hours ago