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No Fed Rate Cut Means Higher Mortgage Rates: Mortgage Rates for May 2, 2024
CNET· 6 hours agoThe average interest rate for a standard 30-year fixed mortgage is 7.37% today, an increase of 0.08%...
Weak US productivity could threaten Fed's 'soft landing' hopes
Reuters via AOL· 3 hours agoWeaker U.S. productivity gains in the first quarter may challenge the Federal Reserve's efforts to...
How the Federal Reserve impacts savings account interest rates
Bankrate via AOL· 1 day agoOnline banks — which are often hungry for deposits — are likely to follow suit when the Fed raises...
Fed leaves interest rates unchanged, will meet again in June
WDVM via Yahoo Finance· 23 hours agoWednesday. “We’re now in a Biden stagflation.” But White House Press Secretary Karine Jean-Pierre...
We're buying 2 unfairly punished stocks and 1 on an analyst call
CNBC· 5 hours agoET. U.S. stocks were higher Thursday as Wall Street mulled over the Federal Reserve's latest...
Pros and cons of a business line of credit
Bankrate via Yahoo Finance· 33 minutes agoLines of credit may have shorter repayment periods than a loan. Borrowers should be aware of the associated fees, which can add up quickly. According to...
High interest rates aren’t going away anytime soon – a business economist explains why
The Conversation via Yahoo Finance· 21 hours agoBased on the information I’m looking at, that is simply not going to happen. No move will occur...
Why Are Stocks Up Today?
InvestorPlace· 6 hours agoFederal Reserve Chairman Jerome Powell’s comments yesterday signaled that the central bank probably won’t lift interest rate hikes for the foreseeable future. Investors were ...
Analysts expect Bitcoin price recovery after Fed leaves rates unchanged
The Cointelegraph· 2 hours agoBitcoin (BTC) price recovered on May 2 after the United States Federal Reserve decided to leave interest rates unchanged and dampened investors’ hope for rate cuts in 2024 ...
The Fed Will Be Stuck On Hold Until Something Gives
Barrons.com· 6 hours agoFor Federal Reserve officials so far in 2024, “on hold” is exactly where they would like to be. Members of the Federal Open Market Committee voted...