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Fed, rate cut
The Fed surprised many investors with a jumbo rate cut this week. It won’t get much easier to predict the next move
Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in order to avoid roiling markets. But Wall Street was mostly clueless this week when it came to predicting how big a rate cut the Fed would deliver on Wednesday.
The Fed Rate Cut, Mortgage, Auto And Credit Card Rates: What To Expect
The Fed cut its short term interest rate by 0.50%. How will this affect mortgage rates, auto loans, and credit cards? Does the cut indicate a problem with the economy?
OK, so there was an interest rate cut. What do I do now?
The Federal Reserve’s decision Wednesday to lower its key interest rate by half a percentage point brought some clarity to the country’s top financial decision-makers, sending stocks surging to all-time highs and finally quieting the “will they,
Nebraska’s unemployment rate went up slightly
Nebraska’s unemployment rate went up slightly, while U.S. rate declined a bit
Nebraska’s unemployment rate went up slightly last month while the national unemployment rate went down slightly, according to preliminary and seasonally adjusted data released Friday. In Nebraska, the unemployment rate for August was 2.
Unemployment rates in SoCal counties rise slightly in August
The seasonally adjusted unemployment rate in Los Angeles County rose to 5.6% in August, up from a revised 5.5% in July, according to the California Employment Development Department on Friday. […]
Nebraska unemployment rate up slightly in August
According to figures released Friday by the Nebraska Department of Labor, the state unemployment rate in August was 2.7%, up from 2.6% in July and 2.4% in August 2023.
2h
on MSN
The Fed's lone dissenter on the big rate cut says she's concerned about 'premature declaration of victory' over inflation
Michelle Bowman said such a big initial rate cut could complicate the Fed's mission of getting inflation back to its 2% ...
5h
The Fed's Massive Rate Cut Has a Huge Silver Lining for Savers Who Missed Out on 5% CDs
Say you've been holding off on signing or refinancing a mortgage because rates were stuck around 7%. Currently, the average ...
6h
Will a Jumbo Interest Rate Cut Be Followed by a Recession? It's Happened Before
The Federal Reserve began what will likely be a campaign of interest rate cuts Wednesday by cutting its influential federal ...
2h
Post-rate cut bubble risks mean investors should buy bonds and gold, Bank of America says
With new easing cycle from the Fed kicking off, tech "bubble risks" are back, Bank of America strategist Michael Hartnett ...
2h
Massachusetts jobless rate continues to climb as more people search for work
Unemployment in the state rose last month, as it has since April, while an influx of new job seekers expanded the pool of ...
8h
on MSN
Surprised by how fast the market reacted to the Fed's rate cut, says Morgan Stanley's Andrew Slimmon
Andrew Slimmon, senior portfolio manager at Morgan Stanley Investment Management, joins ‘Squawk Box’ to discuss Wall Street's ...
8h
Wall Street inches lower in premarket Friday as rate cut-fueled rally fades
Wall Street pointed lower as a rally driven by the Federal Reserve’s big cut to interest rates faded and markets’ focus ...
9h
Rate cut Q&A with Globe business columnist Larry Edelman
Boston Globe business columnist Larry Edelman answers the most important questions related to the Federal Reserve’s interest ...
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