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US Fed begins rate cut cycle
Trump Decries Fed Rate Cut as ‘Political Move’ That Won’t Work
Republican presidential candidate Donald Trump said the Federal Reserve’s decision to lower its benchmark interest rate by a half percentage point was a “political move” and that a smaller cut would have been preferable.
The Fed just made a jumbo rate cut. Here are 5 takeaways on what it means for mortgages and more.
The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.
Opinion
The Fed’s Big Rate Cut Wasn’t Political. It Was an Economic No-Brainer.
But while the Fed’s action will surely have political consequences, it wasn’t a political decision. The straight economic case for a rate cut was overwhelming; the case for a big cut was very strong. Not cutting would have been political. And the Fed didn’t let itself be bullied into inaction.
10h
on MSN
What does the Fed interest rate cut mean for mortgages and homebuyers?
Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the ...
19h
Winners And Losers From The Fed’s Interest Rate Decision
The Federal Reserve just cut interest rates by 50 basis points, citing cooling inflation and signs of economic slowdown. This ...
11h
on MSN
Mortgage rates drop to lowest since early February 2023 after Fed’s jumbo interest rate cut
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
8h
on MSN
Fed's Powell: policymakers noted 'artificially high' jobs data, revisions in rate cut decision
Fed Chair Jerome Powell noted that policymakers weighed recent downward revisions to employment figures when assessing the ...
18h
on MSN
Fed's bumper rate cut fuels non-yielding gold's rally
Gold prices climbed 1% on Thursday after the U.S. Federal Reserve embarked on an easing cycle by slashing interest rates and ...
1d
on MSN
Stock market today: Indexes edge up ahead of major Fed interest rate decision
Markets are pricing in with certainty that the Fed will deliver a rate cut this afternoon, the first in over four years.
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Opinions
The Fed’s Big Rate Cut Wasn’t Political. It Was an Economic No-Brainer.
The New York Times
8h
Will Fed rate cuts drive flows into emerging markets?
moneycontrol.com
2d
The Fed’s interest rate cut reflects an increasingly troubled economy
MSN
1d
Related topics
Bank of England
Donald Trump
mortgage
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Kamala Harris
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