Why are interest rates rising when the Fed has been cutting them?
The yield on the 10-year Treasury has recently soared toward its highest level since 2023, injecting nervousness into the U.S. stock market that's knocked indexes from their records.
Fed isn't expected to move on rates for next few months, Schwab's Sonders Says
The Federal Reserve isn’t likely to make a move on interest rates over the next few months, Charles Schwab (SCHW) Chief Investment Strategist Liz Ann Sonders said Thursday. “The Fed is the pause mode,
Why mortgage rates are still high despite the Fed rate cuts
As mentioned, mortgage rates haven't fallen in line with the Fed's rate cuts because they depend on factors beyond the agency's benchmark rate, such as the economy and 10-year Treasury bond yields. For example, when the 10-year treasury rate goes up, mortgage rates tend to follow, and vice-versa.
Fed may cut rates sooner and faster than expected if disinflation holds up, Waller says
Inflation is likely to continue to ease and possibly allow the U.S. central bank to cut interest rates sooner and faster than expected, Federal Reserve Governor Christopher Waller said on Thursday in comments that pushed against recent market moves that anticipate a shallower Fed rate path.
Fed’s Waller Says Fresh Rate Cuts Possible in First Half of 2025
Federal Reserve Governor Christopher Waller said the US central bank could lower interest rates again in the first half of 2025 if inflation data continues to be favorable.
Fed may cut rates sooner and faster than expected if inflation keeps cooling, key official predicts
Inflation is likely to continue to ease and possibly allow the central bank to cut interest rates sooner and faster than expected, Federal Reserve Governor Christopher Waller said Thursday in comments that pushed against recent market moves that anticipate a shallower Fed rate path.
Fed's Waller: Cuts could come sooner than later if disinflation meets expectations
Inflation is likely to continue to ease and possibly allow the Federal Reserve to cut rates sooner and faster than expected, Fed governor Chris Waller said Thursday in comments that pushed against recent market moves that anticipated a shallower Fed rate path.
Fed's Waller says rate cuts possible in H1 2025 if inflation behaves
With "inflation back to trend," Federal Reserve Governor Christopher Waller said Thursday he sees the possibility of three or four interest-rate reductions in the first half of 2025, provided the "data cooperates.
What savers should do now with interest rates on pause
A rise in inflation all but assures a pause in interest rate cuts. Here's what savers should do in the interim.
Instead of Lowering CD Rates, These Two Big Banks Just Raised Theirs
Most CD rates have been drifting lower now that the Fed has been cutting interest rates. But today two large U.S. banks ...
Mortgage rates rise past a key mark, signaling bad news for the housing market
The 30-year mortgage rate inched up for the fifth week in a row, Freddie Mac says, making it more expensive to take on a ...
Mortgage rates rise above 7% for first time since May
Mortgage rates rose again for the sixth straight week, with the average 30-year fixed-rate note topping 7% for the first time ...
Bank of Canada to cut rates on Jan. 29, cautious over potential US tariff impact
The Bank of Canada will cut interest rates by 25 basis points to 3.00% on Jan. 29, according to a Reuters poll of economists, ...
Refinance Rates Move Lower for a Second Day
After hitting a new 5-month peak at the start of the week, 30-year refi rates dipped 11 points in two days. Other refi loan ...
U.S. Inflation Rates Over Time and the Forecast for 2025
Entering 2025, models from forecasting companies like Trading Economics anticipate inflation rates between 2.4% and 2.9% ...
New York Fed says as of January reserve levels still abundant
The Federal Reserve Bank of New York released data Thursday that suggest it faces no imminent pressure to stop the process of ...