Trump Demands Fed Rate Cuts. Stock Markets Must Separate Reality From His Rhetoric and 5 Other Things to Know Today.
Banks have reported slower loan growth amid strong earnings, Tesla to raise Canadian car prices, and more news to start your day.
Why mortgage rates are still high despite the Fed rate cuts
As mentioned, mortgage rates haven't fallen in line with the Fed's rate cuts because they depend on factors beyond the agency's benchmark rate, such as the economy and 10-year Treasury bond yields. For example, when the 10-year treasury rate goes up, mortgage rates tend to follow, and vice-versa.
Dow Jones Plummets 1100 Points After Fed Suggests Fewer Rate Cuts In 2025
The Dow Jones dropped 1,123 points (or 2.6 percent) by the close of the market Wednesday after the Fed's 19 policymakers projected that the central bank will cut interest rates by a quarter-point just twice next year, meaning rates will only be sliced by a half a percentage point in total throughout next year.
Fed's rate-cut view set to test resurgent US stocks rally
The Federal Reserve's first meeting of 2025 in the coming week stands to test the resurgence in U.S. stocks as investors gauge the extent of more equity-friendly interest rate cuts in the months ahead.
Inflation rose to 5-month high in December. What that means for Fed rate cuts.
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But underlying price measure eased.
Fed rate cuts prompt rethink: Where should you park your savings in 2025?
A financial expert suggests reconsidering savings strategies in 2025 as high-yield savings account rates decrease.
Fed’s Waller Says Fresh Rate Cuts Possible in First Half of 2025
Federal Reserve Governor Christopher Waller said the US central bank could lower interest rates again in the first half of 2025 if inflation data continues to be favorable.
Trump says he'll demand lower rates immediately, claims he knows rates better than Fed
Trump Demands Fed Cut Rates, Claims Better Monetary Policy Understanding
U.S. President Donald Trump on Thursday said he wants the Federal Reserve to cut interest rates at a time the central bank has hit pause for an uncertain duration, arguing he understands monetary policy better than those charged with setting it.
Trump’s demands on lower interest rates face a skeptical Fed, strong economy
President Donald Trump’s demands of lower interest rates are running into a Federal Reserve that has already dialed back its expectations about cutting rates and an economy that has
Trump Says He’ll Demand Interest Rates Drop, Urges OPEC to Cut Oil Prices
He is scheduled to join a dialogue with WEF founder Klaus Schwab and WEF President and CEO Borge Brende via a live video link.
Global equity funds gain inflows on Fed rate cut hopes, Trump's AI plans
Global equity funds gained a fourth weekly inflow in five weeks in the week through Jan. 22 spurred by optimism for U.S.
What To Expect From The Federal Reserve's Interest Rate Decision Next Week
The Federal Reserve is widely expected to hold its key interest rate steady on Wednesday as officials wait for more data that indicates inflation is cooling.
Fed rate cuts are already over after they barely started as blowout jobs report shifts focus to hikes, BofA says
"Inflation is stuck above target and risks are skewed to the upside. Economic activity is robust. We see little reason for ...
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 ...
Fed to hold rates steady at an unsteady moment
U.S. Federal Reserve policymakers meeting next week are expected to keep interest rates on hold but the larger story ...
GlobeSt.com2d
CRE Experts Pessimistic About More Rate Cuts in 2025
Going into 2025, there has been plenty of optimism from the CRE industry given the multiple recent interest rate cuts by the ...