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What Does the New Fed Rate Hold Mean for 2024 Mortgage Rates?
Investopedia· 17 hours agoIt's popularly believed that when the Federal Reserve raises the federal funds rate—as it did...
Fed holds interest rates steady, gives no sign it will cut soon as inflation fight stalls
USA TODAY via Yahoo Finance· 2 days agoWhat is the Fed's target interest rate? The Fed’s key rate continues to hover at a 23-year high of...
Fed Puts Rate Cuts on Backburner, but Hikes Unlikely
The Conference Board· 2 days agoChair Powell said that the Fed is prepared to keep rates higher for longer to confront the sticky inflation rates seen in early 2024, but that additional rate hikes were unlikely ...
No Fed Rate Cut Means Higher Mortgage Rates: Mortgage Rates for May 2, 2024
CNET· 10 hours agoThe average interest rate for a standard 30-year fixed mortgage is 7.37% today, an increase of 0.08%...
Federal Reserve leaves interest rates unchanged after worrying inflation trends
CBT News· 9 hours agoWhile consumer prices showed signs of cooling in the second half of last year, the first quarter of...
Top CDs May 2, 2024 - Six Deals Let You Lock in 5.40% or 5.50%—Until 2025
Investopedia· 17 hours agoRates on CDs rose to an October-November peak that was the highest we've seen in two decades. But since its last rate hike in July, the Fed has been in ...
Fed Says Inflation Progress Has Stalled and Extends Wait-and-See Rate Stance
The Wall Street Journal· 1 day agoThe turnaround marked the index’s biggest blown gain in more than a year. “The hurdle to hike is...
Interest rates could be high for much longer. Here's what it means for your finances
ABC News· 5 hours agoFor months, the Federal Reserve has forecasted interest rate cuts that would deliver much-needed...
How the Federal Reserve impacts savings account interest rates
Bankrate via AOL· 1 day agoThe Fed decided at its May meeting to forgo a rate hike, effectively keeping the federal funds rate...
Fed keeps rates on hold as disinflation stalls, but downplays prospect of hikes
Investing.com· 2 days agoThe Federal Reserve signaled interest rates could likely remain higher for longer than previously...