News

July rate-cut expectations evaporate after strong payrolls reading
Expectations for a July rate cut all but evaporated after June jobs data came in stronger than expected. Fed-funds futures priced in a less than 5% probability of a cut at the July meeting, down from ...
Solid Jobs Report Takes July Rate Cut Off the Table
Traders are fleeing any remaining bets on the Federal Reserve cutting interest rates on July 30. Odds of a July rate cut sank to 4.7% on Thursday after the June jobs report came in stronger than ...
U.S. stocks tick higher and yields leap as Wall Street sees little chance for a July rate cut
U.S. stocks are ticking further into record heights on Thursday after a report showed the U.S. job market looks stronger than ...
Fed official sees July rate cut ‘unlikely,’ sticking with Powell’s view that coming months will be moment of truth for tariffs’ effect on inflation
Officials at the Federal Reserve believe the impacts of Trump’s tariffs on the economy will start to appear this summer.
HELOC interest rates vs. home equity loan interest rates: What lending experts say to know this July
Take credit cards, for example. Those short-term borrowing products currently have rates averaging over 21%. Personal loan ...
Markets are gearing up for rate cuts. Morgan Stanley thinks investors will be disappointed.
Morgan Stanley analysts predict that, despite recent dovish comments from officials, the Fed is unlikely to cut interest ...
Weekly mortgage rates continue to fall as the Fed debates timing
The article Weekly Mortgage Rates Continue to Fall as the Fed Debates Timing originally appeared on NerdWallet.
As Trump Ramps up Attacks on the Federal Reserve, Chair Powell Refuses to Change Course
Federal Reserve Chair Jerome Powell is sticking to his position that the central bank will keep its key rate on hold while it ...