Fed Rate Cuts Aren't a Cure-All for High Mortgage Rates

The Fed has lowered its benchmark interest rate twice this year, with its most recent rate cut in November. While rate ...
After a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point ...
Schmid said the Fed's decision last week to cut interest rates by 25 basis points reflected their confidence that both ...
On the surface, the Fed's ability to influence interest rates via its federal funds rate would appear to have ...
But prices spiked in the pandemic, and the annual inflation rate reached a 40-year high of 9.1% in mid-2022. The Fed stepped in, raising interest rates dramatically in 2022 and 2023 to cool the ...
After the Federal Reserve's interest-rate cut of a quarter percentage point Thursday, markets are already looking ahead to ...