Bank of England reveals Sep. interest rate decision
What does the interest rate cut mean for mortgages and homebuyers?
Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the ...
A juicy rate cut and new evidence of a surprisingly resilient economy, Yardeni Research calls it ‘nirvana’
The Fed is cutting into one of the stronger economies we've seen in years," Yardeni Reseach's Eric Wallerstein told Fortune.
Investors should be hesitant to dive into stocks after the rate cut, with election uncertainty looming, Fundstrat's Tom Lee says
Tom Lee has called for a stock rally after rate cuts, but even after the Fed cut 50 basis points, he's wary on stocks ahead ...
Mortgage rates drop to lowest since early February 2023 after Fed’s jumbo interest rate cut
Mortgage rates continued to decline this week, taking a little more pressure off America’s tight housing market as ...
S&P 500, Dow Rise More Than 1% To New Highs In Delayed Rate Cut Rally
Shortly after market open, the Dow Jones Industrial Average rose 1.3% to a new record of 42,105, the S&P 500 rose 1.6% to its ...
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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 ...
Stocks jump Thursday after Federal Reserve’s jumbo-sized rate cut
Stocks jumped Thursday morning as investors cheered the Federal Reserve’s eye-popping half-point interest rate cut.