• The Federal Reserve cut interest rates Wednesday by a quarter point as expected, lowering borrowing costs for the third time this year. • Wall Street rallied after Fed Chair Jerome Powell ruled out ...

The FOMC cut the federal funds rate by a quarter-point, but that's unlikely to cause 30-year mortgage rates to fall by the same amount. The December rate cut might be advantageous for builders and ...

The economy has had a volatile year marked by ongoing headwinds and uncertainties. Persistent inflation, unpredictability around tariffs, and a stock market that many fear is in the midst of an ...

Sabrina Karl has over two decades of experience writing about savings, CDs, and other banking topics. She is currently a full-time staff writer at Investopedia and one of the country's top experts on ...

Sentiment has shifted dramatically in favor of an interest rate cut. Top officials at the Federal Reserve have displayed a rare degree of public disagreement over a possible interest rate cut next ...

Mortgage rates are down on a national scale. The 30-year fixed-rate mortgage is now sitting at 6.22%, which is 5 basis points less than just one month ago, according to new Freddie Mac data. (See some ...

The Federal Reserve on Oct. 29 announced a quarter percentage point rate cut, marking its second consecutive rate reduction. The move brings the Fed’s benchmark interest rate down to a range of 3.75% ...

In recent months, inflation has picked up while hiring has slowed. The Federal Reserve cut its benchmark interest rate a quarter of a percentage point on Wednesday, opting for its second interest rate ...

The Federal Reserve just cut rates. Find out what that means for your finances Written By Written by Staff Money Writer, WSJ | Buy Side Molly Grace is a staff money writer at Buy Side covering banking ...

Some consumers have been hoping that Fed rate cuts would lead to lower mortgage rates so they can buy a home or refinance their mortgage, but long-term mortgage rates move independently from the ...

The Federal Reserve on Wednesday announced the first interest rate cut of the year as policymakers lowered its benchmark interest rate by 25 basis points, as signs of a weakening labor force ...

After nine months of staying on the sidelines, the Federal Reserve on Sept. 17 announced a quarter-percentage-point cut, likely the first in a series of reductions to usher in lower borrowing rates ...