Strong US job growth raises doubts about further Fed rate cuts
The U.S. job market again defied an anticipated slowdown, with firms adding more than a quarter of a million jobs in the last full month of Joe Biden's presidency and leaving Federal Reserve policymakers to puzzle over the need for more interest rate cuts in a strong economy.
Even though their mortgage rate is low, they want to pay it off early so they can retire without the monthly expense.
Last year, the path to lower mortgage rates seemed relatively straightforward: Official inflation would go down, the Federal ...
Kansas City Federal Reserve President Jeff Schmid signaled on Thursday a reluctance to cut interest rates again as the U.S.
"I think really the market is saying maybe no rate cuts in 2025, and that the 10-year could very easily break well above 5%," ...
Unfortunately, if you’re among the half of credit cardholders who carry debt from month to month, you’re unlikely to catch ...
McBride expects another three interest rate cuts in 2025, which will bring the benchmark rate down to a range of 3.5% to 3.75 ...
If you want to avoid uncertainty and preserve the rate in your mortgage loan offer, get a mortgage interest rate lock. Interest rate locks can offer peace of mind to borrowers, but they are ...
Since summer 2023, you could earn more with a high-yield savings account than the best money market account. But that changed ...
ANZ has moved forward its interest rate cut forecast from May to February, following this week's inflation data.
The RBI's recent FAQs clarify whether borrowers can switch between fixed and floating interest rates on EMI-based personal ...
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