Czech central bank cuts its key interest rate to 4.25%
The Czech Republic's central bank has cut its key interest rate for the seventh time in a row as inflation remains low and ...
The Fed isn't going to be able to cut interest rates as much as it wants to, former Treasury Secretary Larry Summers says
Huge increases in wealth and debt levels prevents the Fed from cutting rates as much as it wants, Larry Summers said.
Why Trump’s pitch on credit card rates should not be taken seriously
Donald Trump’s policies aren’t actual policies. There’s no point in taking these ideas seriously, because he doesn’t take ...
Good News for the Stock Market: The Fed Believes Its Jumbo Rate Cut Was a 1-and-Done
Investors are cheering as policymakers expect the labor market to hold steady through a series of smaller cuts into 2025.
I've been putting off plans to buy a second home, but with mortgage rates dropping it might be time to buy
I've been thinking about buying a second home, but was hesitant with high interest rates. Now that rates are dropping, it ...
The Fed’s interest rate cut reflects an increasingly troubled economy
On Wednesday, the Federal Reserve lowered its benchmark interest rate by half a percentage point. The action will take the ...
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Assumable mortgages give buyers a second chance at low rates
Assumable mortgages allow a buyer to take over the seller’s loan with the same terms and rates. But they come with some ...
Weekly mortgage demand surges 14% as interest rates hit two-year low
The Federal Reserve is expected to make its first interest rate cut in four years on Wednesday, and while mortgage rates ...
Inflation cools ahead of expected Fed interest rate cut
The Labor Department reported that inflation cooled to a 2.5 percent annual rate in August, and mortgage rates have dropped ...
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Fed cuts interest rates by a half point, signaling end to its inflation fight
The rate cut, the Fed’s first in more than four years, reflects its new focus on bolstering the job market, which has shown ...
What interest rate cut means for real estate, car loans and debt
The Federal Reserve cut interest rates by 0.5% — the first decrease since 2020. NBC’s Vicky Nguyen joins TODAY to discuss what the interest rate cut means for your wallet and shares tips for the ...