Despite this latest cut, housing experts say don’t expect mortgage rates to drop significantly in the near future. Indeed, mortgage rates steadily marched upward following September’s jumbo ...

spurred by a drop-off in new multi-family construction, according to Census data released Wednesday. Housing starts dipped by 1.8% from October to a seasonally adjusted annual rate of 1.289 ...

The Fed made its third and final rate cut of 2024 at its meeting on Wednesday. They penciled in two cuts in 2025, after previously signaling four reductions. As high mortgage rates are expected to ...

Marc Jones is a senior global markets correspondent based in London with a focus on economics, central banks, policymakers, and crises. Previously he worked in Frankfurt covering the European ...

Investopedia / Photo Composite by Alice Morgan / Getty Images The Federal Reserve updated its projections for future rate cuts on Wednesday, indicating that borrowing costs could be higher than ...

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The Federal Reserve cut interest rates by a quarter point ... Some investors suggested that Wednesday’s drop was a necessary retrenchment given the groundswell of bullishness since the ...

the Federal Reserve's 25 basis point rate cut is unlikely to lead to a dramatic drop. Here's why: The December rate cut — though a positive step — is still relatively small, especially when ...

WASHINGTON — The Federal Reserve on Wednesday made another cut in interest rates, but, signaling what its leader called a new phase in policy, the central bank dialed back expectations for ...

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At the same time, Fed officials have said the key rate is still too high in light of the sharp inflation drop-off and they want to bring it closer to neutral so it doesn’t unduly weaken the economy.

The European Central Bank must keep an open mind about the pace of interest-rate cuts as lingering risks ... according to Chief Economist Philip Lane. Wage growth, profits and geopolitical ...