“The Federal Reserve appears likely to raise its key interest rate next week, with minutes from the central bank’s most recent meeting showing some officials wanted to raise rates last month,” CBS News reports.
BING NEWS:
- Fed Leans Toward A December Interest Rate Cut
The Federal Open Market Committee is most likely to cut interest rates again to 4.25% to 4.5% on December 18 according to fixed income markets.
12/3/2024 - 5:11 am | View Link - Fed's Williams Says Rate-Cut Timing Will Depend on Data
New York Fed President John Williams said Monday that more interest-rate cuts will be needed, but that the right timing would depend on upcoming data.
12/2/2024 - 9:16 am | View Link - New York Fed’s Williams Says Rate-Cut Timing Will Depend on Data
Federal Reserve Bank of New York President John Williams said Monday more interest-rate cuts will be needed, but that the right timing would depend on upcoming data.
12/2/2024 - 8:51 am | View Link - Fed Kept Options Open on Rate Cuts, Minutes Show
The account of the central bank’s Nov. 6-7 meeting, released on Tuesday, showed that Fed officials still planned to cut interest rates further. But with the job market holding up better than expected ...
11/26/2024 - 9:07 am | View Link - Mortgage rates resume climb toward 7%
Mortgage rates ticked up last week, providing little relief to prospective homebuyers in a seasonally slower time for the housing market. The average 30-year fixed mortgage rate was 6.84% in the week ...
11/21/2024 - 4:00 am | View Link - More
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