Solid January Jobs Will Likely Keep Fed Interest Rate Cuts On Hold
The January jobs report revealed a drop in the unemployment rate to 4%, accompanied by payroll gains of 143,000. A Fed ...
Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...
Traders now see just one Fed rate cut this year
Traders of short-term interest-rate futures on Friday now expect the Federal Reserve to cut interest rates just one time this ...
Why the Job Market Is Giving the Fed Cover to Extend a Pause on Rate Cuts
Across a number of metrics, the labor market looks remarkably stable even as it has cooled. Monthly jobs growth has stayed solid and the unemployment rate has barely budged from its current level of 4 ...
Fed might need to hold rates steady ‘for quite some time,’ Logan says
Even inflation falling close to 2% in the coming months might not necessarily allow the Fed to cut rates soon, Logan said.
Put A Lid On It: The Sanders-Hawley Bill Wants To Cap Credit Card Rates. Here’s What You Need To Know
A political odd couple is joining forces to lower credit card interest rates. Sen. Bernie Sanders (I-Vt.) and Sen. Josh ...
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The Fed Just Paused Interest Rate Cuts. Here’s What That Means for You
The Federal Reserve spent a good part of 2022 and 2023 implementing interest rate hikes in response to rampant inflation. But ...
Today's Mortgage Rates | Rates Down For Now, But Uncertainty Looms
These are today's mortgage and refinance rates. Mortgage rates have been trending lower, but where they go next depends on inflation.
Why Transferring Credit Card Debt Won’t Pay It Off
A new report finds that people are spending more on their cards and paying down less. Financial experts offer tips for ...
Fed Monetary Policy Report flags solid state of US economy
The Federal Reserve's latest Monetary Policy Report describes the U.S. economy as being in a solid position amid a monetary policy stance that will be driven by incoming economic data.
Minneapolis Fed's Kashkari expects lower interest rates later this year
In a CNBC interview, the central bank official expressed confidence that inflation will continue to drift down to the Fed's 2% target.
After U.S. jobs data, fed-funds futures show greater chance Fed stays on pause in March
Federal-funds futures were indicating Friday morning that the Federal Reserve will likely continue to pause its interest-rate-cutting cycle at its policy meeting in March, as traders assessed the ...