Credit card rates have barely budged, despite interest rate cuts. Here's why
Credit card debt climbed $24 billion over a three-month stretch ending in September, soaring to a level 8% higher than where it stood a year ago, the report said. Debt holders may
The Fed Cut Interest Rates In November, And More Rate Cuts Are Coming
The Federal Reserve cut interest rates by 0.25% on November 7. More interest rate cuts are likely through the end of 2026.
What the Fed rate cut means for mortgage interest rates
Mortgage rates, in particular, surged last year to their highest level since 2000 but have since come down alongside inflation. But it's been a bumpy ride back to the bottom in recent weeks. What, then, does this latest Fed rate cut mean for mortgage interest rates? That's what we'll break down below.
How the Fed's Rate Cuts Will Affect Your Money—And What to Do About It
The Federal Reserve cut its influential interest rate for the second meeting in a row last week to boost the economy and prevent a rise in unemployment, but it may take a while for consumers to see its effects.
The Fed Just Cut Interest Rates. Is Now a Good Time to Buy a Car?
In September, the Federal Reserve lowered its benchmark interest rate by half a percentage point. That was then followed by a quarter-point rate cut in November. Unlock a bonus worth $250 and pause interest into 2026 – this credit card is the perfect combo!
Post-election stock rally fizzles as interest rate concerns grow
Stocks tumbled on Friday as the post-election rally fizzled and investors fretted over the path of interest rates.
Stock Market Today: Dow ends 300 points lower as rate-cut doubts stall postelection rally
The yield has risen 73.6 basis points over the past seven weeks, according to Dow Jones Market Data. On Friday, traders were ...
Traders expect interest rate cuts to be minimal in 2025
By the end of 2025, traders are suggesting a 98.2% chance of lowered interest rates, but largely only expecting about a ...
Bank of Mexico lowers key interest rate, leaves door open to future cuts
The Bank of Mexico on Thursday lowered its benchmark interest rate by 25 basis points for a third straight meeting, ...
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Fed lowers key interest rate by quarter point as inflation eases but pace of cuts may slow
After a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point ...
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New Interest Rate Cut Comes Amid Post-Election Economic Uncertainty
Federal Reserve Chair Jerome Powell. Photo: Getty Images. Federal Reserve officials are poised Thursday to reduce their key ...
Odds of a December Interest-Rate Cut Jump After Inflation Matches Expectations
Wall Street gained confidence that the Federal Reserve will opt for another quarter-point interest-rate cut in December after the consumer price index for October matched expectations. Traders saw a ...
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Federal reserve cuts key interest rate while Houston homebuyers waiting for another cut
The federal reserve plans to cut more over the next year. As people keep their fingers crossed for better financing in the ...
How to Calculate the Break-Even Interest Rate on Bonds
To calculate the break-even interest rate, you need to know the yields to maturity and the number of years left before the ...
Stocks end lower after Powell throws cold water on hopes for December interest-rate cut
The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.