After 2 Fed rate cuts, some CD rates are climbing back up above 4% APY
The last two Fed meetings resulted in rate cuts. Short-term CD rates have continued to lower, but some long-term CD rates are ...
'Pent-Up': Mortgage Demand Jumps 52% Year-Over-Year Amid Fed Rate Cuts
Homebuyers are storming back into the market, driving purchase mortgage applications up 52% from last year as interest rates ...
PBS4h
Bank of America CEO on interest rates, tariffs and Trump’s second term
The U.S. economy continues to perform well by many measures. Retail spending was up notably around Black Friday, markets are ...
Crain's Chicago Business6h
Fed's Goolsbee on what Chicago can expect from interest rate cuts
Despite interest rate cuts, the pace of construction in Chicago is likely to remain sluggish as pandemic effects linger, ...
Will mortgage rates fall in December? Here's what experts predict
"While we may see mortgage rates drop modestly in December, anyone expecting a significant change for the better may be ...
Fed's Williams eyes further cuts as price pressures cool further
Federal Reserve Bank of New York President John Williams said on Monday the U.S. central bank is likely to lower its interest ...
Profit outlook contradicts estimates for rate cuts: Societe Generale
Investors face a contradiction going into 2025 as they expect the Federal Reserve to cut interest rates and for U.S.