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Jerome Powell Got The Fed To A Big Half-Point Cut
How Low Might Mortgage Rates Go As The Fed Cuts Interest Rates?
Last November the 30-year mortgage rate approached 8%, now after the Federal Reserve cut interest rates on September 18, it’s approaching 6%.
Jerome Powell says the Fed can cut rates but it can’t fix the housing crisis
The Federal Reserve delivered its first interest rate cut in more than four years yesterday. It was a declaration of victory over once hot, hot, hot inflation. And mortgage rates responded by fluctuating in kind of a weird way.
Powell Leaves Options Open After Big Rate Cut
Federal Reserve Chair Jerome Powell stressed Wednesday that the central bank will take upcoming interest-rate decisions on a meeting-by-meeting basis as it seeks to dial back restraint of the economy in response to a softening labor market.
8d
Jerome Powell appears set to sidestep politics even as he oversees a likely central bank rate cut
Jerome Powell is set to take plenty of incoming political fire from both sides this week. That appears to be just fine with ...
FOX 7 Austin KTBC
14h
Interest rate cuts may impact Austin
After months of speculation, the Federal Reserve cut interest rates last week. Federal Reserve Chair Jerome Powell also announced there are plans for more cuts later this year, and into next year.
WBUR
5d
Warren advocates for a bigger Fed rate cut, even as Wall Street cheers
Fed Chair Jerome Powell announced a half percent cut to benchmark interest rates on Wednesday — the first cut since March ...
6d
Powell downplays impact of rate cut on Trump-Harris presidential race
Vice President Kamala Harris and Donald Trump are each fighting to convince voters they are best candidate for the U.S.
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