Divided Fed cuts rates
Digest more
27mon MSN
Here's how much a $50,000 home equity loan can cost per month after the Fed's October rate cut
After the Fed's latest rate cut, borrowing against your home's equity has become even more affordable than it was.
The ongoing government shutdown has delayed the official third-quarter GDP report release, although real-time estimates from a pair of Federal Reserve banks suggest the economy grew.
The Federal Reserve's decision on Wednesday to begin winding down its long-running balance sheet runoff has done little to ease concerns about near-term liquidity strains in the roughly $4 trillion U.
3hon MSN
What will happen to mortgage rates this November if there's no Fed meeting? Experts weigh in.
"If the Fed doesn't meet in November, I expect mortgage rates to drift with the bond market … modest day-to-day moves, not big swings," says Steven Glick, director of mortgage sales at real estate investment fintech company HomeAbroad.
Dallas Fed President Lori Logan said on Friday the U.S. economic outlook didn't call for cutting rates, as inflation "appears likely to exceed the FOMC’s 2% target for too much longer." "The labor market remains balanced and cooling slowly.
Global stocks were poised for their third straight week of gains and seventh consecutive monthly advance on Friday as earnings from megacaps Amazon and Apple eased concerns about lofty valuations, while the dollar climbed after comments from some Federal Reserve officials.
Trump lambasted Powell this week, calling him “Jerome ‘Too Late’ Powell” in a speech to Asian business leaders .
The Federal Reserve this week cut interest rates again. How will the dollar react? The chart from Macrobond shows how the dollar index DXY has moved in a year’s worth of trading sessions before and after the last five cuts.