One of the biggest takeaways from the Wednesday press conference held by Federal Reserve Chair Jerome Powell is that the central bank isn’t likely to cut interest rates in March as investors... Read more »
The housing market cheered as the Federal Reserve signaled interest rate cuts next year after making a series of rapid rate hikes starting in 2022. While the central bank did not completely... Read more »
The Federal Open Markets Committee (FOMC) held its short-term policy interest rate steady at a range of 5.25% to 5.5% at its last meeting of the year on Wednesday. It was the... Read more »
After today’s jobs report, which showed unemployment at 3.7%, it’s now clear that the Federal Reserve does not need to create a job-loss recession to bring down the growth rate of inflation.... Read more »
The Federal Reserve’s interest rate policy has been a topic of much debate and speculation in recent months, with many people asking, “When is the Next Fed Interest Rate Decision.” With the... Read more »
In this article, we will explore the history of Federal Reserve interest rates, including some of the major changes and their effects on the economy. The Federal Reserve is the central bank... Read more »
As of now, the current Fed interest rate is 5.25% to 5.5%. This is a 22-year high. The Federal Reserve kept the target range unchanged in its September 2023 meeting. However, the... Read more »
Federal Reserve Chair Jerome Powell expressed uncertainty about the central bank’s success in tackling inflation, emphasizing the ongoing challenges. Powell, addressing an International Monetary Fund audience, revealed the Federal Open Market Committee’s... Read more »
Mortgage rates stabilized this week as the Federal Reserve decided to keep its rates unchanged Wednesday. However, mortgage rates still remain at a 23-year high. The 30-year fixed-rate mortgage averaged 7.76% as of... Read more »
Federal Reserve Chair Jerome Powell left the door open to a future interest rate hike on Wednesday, but most housing professionals are hopeful that the Fed may be done hiking interest rates... Read more »