Jumbo 30-year mortgage rates also dropped 8 points Monday, reducing the average to 6.81%—almost a six-week low. In September, jumbo 30-year rates plummeted to 6.24%, their cheapest average in 19 ...
Fed-funds futures traders continued to coalesce around the view that the Federal Reserve will deliver two quarter-point rate cuts this year, but this may not last. According to senior U.S. strategist ...
Faced with a solid economy and mounting inflation concerns, the U.S. central bank has said it will “move cautiously” on ...
Respondents dialed back their expectations for interest rate cuts but still believe the central bank will ease this year.
Despite the dollar’s strength and lower prospects for Fed rate cuts, Trump’s second term has increased demand for gold. The ...
The American economy has entered 2025 with a strong head of steam,” Wells Fargo economists said. That's not necessarily a ...
WASHINGTON-A Trump administration order pausing almost all foreign aid has left counterterrorism training in Somalia, HIV treatment in Uganda, narcotics interdiction in Colombia, prosthetics for ...
Anyone thinking the Federal Reserve would cut the federal funds rate during its meeting this week probably hasn’t paid ...
The odds a U.S. recession will someday be determined to have begun between January 2025 and January 2026 have dropped to a ...
Jim Cramer in a latest program on CNBC discussed the reasons behind the recent market declines after the ISM Services Index ...
U.S. bond investors are gearing up for increased volatility and staying defensive in their portfolios amid uncertainty about ...