Strong US job growth raises doubts about further Fed rate cuts
The U.S. job market again defied an anticipated slowdown, with firms adding more than a quarter of a million jobs in the last full month of Joe Biden's presidency and leaving Federal Reserve policymakers to puzzle over the need for more interest rate cuts in a strong economy.
Last year, the path to lower mortgage rates seemed relatively straightforward: Official inflation would go down, the Federal ...
Even though their mortgage rate is low, they want to pay it off early so they can retire without the monthly expense.
Unfortunately, if you’re among the half of credit cardholders who carry debt from month to month, you’re unlikely to catch ...
"I think really the market is saying maybe no rate cuts in 2025, and that the 10-year could very easily break well above 5%," ...
Kansas City Federal Reserve President Jeff Schmid signaled on Thursday a reluctance to cut interest rates again as the U.S.
ANZ has moved forward its interest rate cut forecast from May to February, following this week's inflation data.
McBride expects another three interest rate cuts in 2025, which will bring the benchmark rate down to a range of 3.5% to 3.75 ...
In December 2024, the average interest rate for a savings account in the U.S. stood at 0.42%, according to the Federal ...
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