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The Fed likely won't cut rates until after a recession strikes, research firm says
Business Insider via Yahoo Finance· 9 minutes agoBy waiting to loosen monetary policy, Fed chairman Jerome Powell is falling into the trap of being...
Today's 30-year mortgage rates rise while 15-year mortgage rates drop | May 2, 2024
FOX Business· 11 hours agoThe interest rate on a 30-year fixed-rate mortgage is 7.375% as of May 2, which is 0.250 percentage...
Fed Keeps Interest Rates Frozen: What Another Pause Means for Your Credit Cards
CNET· 8 hours agoIf you think the Federal Reserve is starting to sound like a broken record, you’re not alone. For...
Interest rates warning that Bank of England reduction will be held back
Daily Express· 19 hours agoUK interest rates are set to remain higher for longer following news out of America overnight. The...
The Fed indicated rates will remain higher for longer. What does that mean for you?
seattlepi.com· 6 hours agoCredit card rates are at or near all-time peaks, and mortgage rates have more than doubled in recent...
Higher Interest Rates Stick Around
Morningstar· 10 hours agoIvanna Hampton: Higher interest rates are sticking around for longer. While Fed Chair Jerome Powell didn’t seem worried about the inflation outlook, he...
CD Rates Are Near Record Highs. 3 Reasons You Still May Not Want to Buy One
The Motley Fool· 3 hours agoCertificates of deposit (CDs) are a safe investment, and right now, they provide a pretty good...
No Fed Rate Cut Means Higher Mortgage Rates: Mortgage Rates for May 2, 2024
CNET· 12 hours agoThe average interest rate for a standard 30-year fixed mortgage is 7.37% today, an increase of 0.08%...
Fed holds interest rates higher for even longer as inflation remains high
FOX Business· 10 hours agoThe Federal Reserve said that a lack of progress in bringing inflation down over the last few months...
Interest rates could be high for much longer. Here's what it means for your finances
ABC News via Yahoo Finance· 7 hours agoFor months, the Federal Reserve has forecasted interest rate cuts that would deliver much-needed...