Fed's Schmid says central bank 'near' neutral interest rate level
Kansas City Federal Reserve President Jeff Schmid signaled on Thursday a reluctance to cut interest rates again as the U.S. central bank comes into the new year facing a resilient economy and inflation that remains above its 2% target.
Fed rate cuts were so 2024. There are risks the next move could be a hike, Bank of America says.
After the "gangbuster" December jobs report, the Federal Reserve's rate-cutting cycle is over, said Aditya Bhave, senior U.S. economist at BofA Global Research. "Our base case has the Fed on an extended hold,
Fed Rate Cuts Are Over, BofA Says. Why Hikes Could Be Back on the Table.
Progress on bringing down inflation has stalled. Economic activity is robust. And now Friday’s employment report shows the labor market is solid. All of that leads economists at Bank of America to believe it’s time to end the discussions about further interest-rate cuts by the Federal Reserve.
Last year, the path to lower mortgage rates seemed relatively straightforward: Official inflation would go down, the Federal ...
Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.
"I think really the market is saying maybe no rate cuts in 2025, and that the 10-year could very easily break well above 5%," ...
The U.S. job market again defied an anticipated slowdown, with firms adding more than a quarter of a million jobs in the last ...
Federal Reserve officials at their meeting Dec. 17-18 expected to dial back the pace of interest rate cuts this year in the ...
CD rates have dropped, but they're still relatively high as 2025 begins. Here's what's considered a good rate now.
Unfortunately, if you’re among the half of credit cardholders who carry debt from month to month, you’re unlikely to catch ...
19hon MSN
U.S. job growth surged and unemployment fell last month, an unexpected show of strength that may prove costly to homebuyers ...
The Fed's latest meeting minutes showed concern that inflation could remain sticky, partly because of Trump's trade policy.
Since summer 2023, you could earn more with a high-yield savings account than the best money market account. But that changed ...
If you want to avoid uncertainty and preserve the rate in your mortgage loan offer, get a mortgage interest rate lock. Interest rate locks can offer peace of mind to borrowers, but they are ...
Even though their mortgage rate is low, they want to pay it off early so they can retire without the monthly expense.
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