Real relief from sky-high interest rates likely won't come until at least 2025.
Inflation Cools In September, But Don't Expect Another Jumbo Interest Rate Cut
Tiffany Connors, CNET
Thu, 10/31/2024 - 5:00pm
Topics: interest rate
BING NEWS:
- Inflation Cools in September, but Don't Expect Another Jumbo Interest Rate Cut
The Fed surprised many in September when it voted to cut the federal funds rate by a half-percent instead of the expected quarter-percent. The Federal Open Market Committee lowered the federal funds ...
10/31/2024 - 1:01 pm | View Link - How far will mortgage interest rates fall in November?
"Mortgage rates are not expected to fall below 6% in November," says J.R. George, senior vice president of Trustco Bank. And most other experts agree with this assessment, for multiple reasons.
10/31/2024 - 3:26 am | View Link - These 3 Top Banks Have Already Lowered Interest Rates After September's Fed Rate Cut
These savings accounts have lower interest rates than a couple months ago. But find out why they're still worth a closer look.
10/26/2024 - 10:18 pm | View Link - Inflation Rate Slows To 1.6% In September
Mortgage interest costs (MIC) eased to 16.7% in September ... We expect a 50 bps cut in October and another of the same magnitude in December.” The next CPI inflation rate announcement with ...
10/23/2024 - 6:21 am | View Link - Jumbo Rate Cut Not A Lock Despite Inflation Dropping Below 2%
Canadian inflation cooled to 1.6% in September, but does that mean the Bank of Canada could cut interest rates by 50 basis points at its next meeting? Click to read.
10/16/2024 - 6:13 am | View Link - More
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