Why Americans still can't get cheaper mortgages, car loans or card balances after three Fed rate cuts
Mortgage rates actually increased and have remained a major hurdle for prospective home buyers. Car loans haven't downshifted much, and credit-card annual percentage rates, or APRs, have only crept ...
9 Stocks Jim Cramer Talked About
Jim Cramer, the host of Mad Money, reflected on the uncertainty surrounding the year 2025, focusing on several macroeconomic ...
Former New Mexico Tech president contends he was fired for exposing mismanagement
Stephen Wells is a geologist by profession, but after becoming president of one of the state's most prestigious universities, the New Mexico Institute of Mining and Technology, he became a financial ...
Fed Holds Interest Rates: What Small Businesses Can Expect In The 1st Quarter Of 2025
Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth Social platform, Trump went on the attack: Because Jay Powell and the Fed ...
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Fed ‘not on any preset course’ regarding interest rates
Perhaps finance companies and dealerships can take solace in the seven-word sentence Federal Reserve chair Jerome Powell said during his opening statement on Wednesday after the Federal Open Market ...
Lagarde speech: There is no stagflation
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to lower key rates by 25 basis points at the January policy meeting and responds to questions from the ...
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The Fed Voted to Hold Rates Steady. Your Credit Card's APR Will Likely Do the Same
Average APRs have inched down slightly, but you should focus on lowering your credit card balance as soon as you can.
ECB cuts rates and leaves room for more easing as growth lags
It was the fifth ECB rate cut since June and markets expect two or three more this year, driven by arguments that the biggest inflation surge in generations is nearly defeated and the flagging economy ...
Three Reasons Why The Fed Should Get Rid Of The Dot Plot
While it was created with good intentions 13 years ago, the Federal Open Market Committee’s dot plot does not serve its primary purpose: providing transparency ...
The Fed Pushes Pause
As was expected, the FOMC announced it would hold its federal funds rate target at 4.25-4.5 percent. This ended the ...
Goldman Sachs's 3 takeaways from the Fed
Treasury yield is hovering just above a six-week low around 4.50% as investors continue to digest Wednesday’s monetary policy update from the Federal Reserve. The U.S. central bank left interest rates ...
Today's Mortgage Rates | Rates Tick Down as Fed Eyes Elevated Inflation
These are today's mortgage and refinance rates. Mortgage rates are likely to remain elevated until inflation comes down ...