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Fed's Powell Says No Need to Hurry Rate Cuts
Powell says the Fed doesn't need to be 'in a hurry' to reduce interest rates
"The strength we are currently seeing in the economy gives us the ability to approach our decisions carefully," Powell said.
Fed Chair Powell Says There’s No Need to ‘Hurry’ to Cut Rates
A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank chair said.
Stock market today: Indexes fall as Powell says the Fed is in no hurry to cut interest rates
Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central bank is in no hurry to cut rates amid a strong economy.
Average Rate on 30-Year Mortgage Drops Slightly
Why mortgage interest rates may drop again this week
The mortgage interest rates of 2020 and 2021 may never reappear but, if they do, it will be a gradual process to get them back there (minus a catastrophic economic downturn). Homebuyers and homeowners looking to refinance, then, shouldn't wait for a perfect circumstance that's unlikely to materialize.
Average Rate on 30-Year Mortgage Drops Slightly After 6 Weeks of Increases
Borrowing costs on 15-year fixed-rate mortgages also slipped by .01 percent this week to 5.99 percent from 6 percent last week. Meanwhile, borrowing costs on 30-year and 15-year h
The average rate on a 30-year mortgage in the US slips to 6.78%
The average rate on a 30-year mortgage in the U.S. edged lower this week, ending a six-week climb. The rate slipped to 6.78% from 6.79% last week, mortgage buyer Freddie Mac said Thursday. That’s still down from a year ago,
1h
on MSN
Stocks end lower after Powell throws cold water on hopes for December interest-rate cut
The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.
1d
Fed Officials Fret Over How Far They Can Lower Interest Rates
Several Federal Reserve officials Wednesday reiterated their deep uncertainty over how far the central bank will need to ...
2d
The interest rate on my high-yield savings account keeps dropping. I asked 3 experts how to earn more on my cash.
The interest rate on my high-yield savings account has dropped from 4.6% to 4.2%. I asked experts how to get more yield on my ...
The Motley Fool
2d
The Fed Just Cut Interest Rates Again. Should You Sign a Mortgage ASAP?
The Fed has lowered its benchmark
interest
rate
twice this year, with its most recent
rate
cut in November. While ...
1d
on MSN
Inflation endured in October, CPI report shows. What happens next with interest rates?
Forecasters had expected lingering inflation in October. How will the new numbers affect the next Federal Reserve decision on ...
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