Interest rates are climbing even as the Fed cuts them, raising concerns about inflation and economic growth. Why Are Interest Rates Rising Despite Fed Cuts to Rates New York: So, what’s going on with interest rates? It seems a bit upside down, right? The bond market has been all over the place lately, pushing the…
Federal Reserve officials suggest potential rate cuts if inflation keeps decreasing, shifting market expectations for 2024. Fed Could Cut Rates Sooner If Inflation Continues to Cool Down New York: So, the Federal Reserve is hinting that they might cut interest rates sooner than we thought if inflation keeps dropping. Christopher Waller, a Fed governor, mentioned…
The average 30-year mortgage rate has hit 7%, marking its fifth consecutive increase and the highest level in eight months. Average 30-Year Mortgage Rate Reaches 7%, Highest Since May Amid Rising Costs Los Angeles: So, the average rate for a 30-year mortgage just climbed to over 7%. That’s the highest it’s been in eight months,…
Fed Governor Waller suggests multiple interest rate cuts could happen in 2025 if inflation trends downward as expected Fed Governor Waller Predicts Possible Interest Rate Cuts in 2025 Washington: So, Federal Reserve Governor Christopher Waller recently shared some thoughts about interest rates. He mentioned that if inflation continues to ease, we might see several rate…
As interest rates fall, many are questioning if their high-yield savings accounts are still beneficial Dropping Interest Rates? When Your HYSA Might Still Be Worth It City: Your Town So, high-yield savings accounts were super popular when rates were high, right? But now that they’re dropping, a lot of folks are wondering what to do…
Wall Street faces uncertainty, but experts suggest buying the dip in Nasdaq ETFs could be a smart move Should You Consider Buying the Dip in Nasdaq ETFs Right Now New York: Wall Street is having a shaky start to 2025. There’s chatter that the Fed might not cut interest rates as much as some hoped.…
Jeffrey Gundlach criticizes the Fed for its short-term focus, suggesting it misses the bigger picture in managing inflation. Gundlach Compares Fed’s Approach to Mr. Magoo, Critiques Short-Term Focus New York: So, Jeffrey Gundlach, the CEO of DoubleLine Capital, recently shared his thoughts on the Federal Reserve. He thinks they’re kind of like Mr. Magoo, just…
US inflation continues to rise, complicating the Federal Reserve’s plans for interest rate cuts this year US Inflation Rises Again, Reducing Chances for Major Fed Rate Cuts This Year Washington: So, the latest news is that US consumer prices aren’t cooling off at all. In fact, they went up again in December, mainly due to…
Inflation continued to rise in December, with the consumer price index increasing by 2.9%, meeting expectations and impacting interest rate decisions. December Inflation: CPI Rises 2.9% as Anticipated, Marking Third Month of Growth New York: Inflation has been on the rise for three months now. In December, the consumer price index jumped 2.9% year-over-year, just…
UK inflation has dipped, raising questions about future interest rates and mortgage costs for homeowners and buyers Experts Weigh In: What UK Inflation Drop Means for Interest Rates and Mortgages London: UK inflation dropped last month, surprising many analysts who thought it would stay the same. The Consumer Prices Index fell from 2.6% in November…