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BofA, Fed
BofA now expects Fed to go for 75-bp cut in Q4 after bumper rate reduction
BofA Global Research raised its forecast for the Federal Reserve's anticipated interest rate cuts for the remainder of this year to 75 basis points, after the U.S. central bank kicked off a widely expected series of reductions on Wednesday.
Should You Refinance Your Mortgage Now That the Fed Just Cut Rates?
Refinancing your mortgage can help you get a lower monthly payment. You also have the opportunity to change up your loan type and term. A cash-out refinance is another mortgage refinancing option that lets you convert home equity into cash. That lump sum could pay for a home renovation or to retire high-interest credit card or student loan debt.
2 EV Stocks to Sell Now, Despite the Fed's Big Rate Cut
U.S. stock markets jumped to record highs on Thursday, as investors belatedly recognized that the Fed’s 50-basis point rate cut is not so bad after all. Legacy automakers and pure-play electric vehicle (EV) stocks traded on a mixed note,
1d
Fed sees higher 'terminal' rate, reached sooner
Beyond the immediate headlines generated by the Fed's 50 basis point interest rate cut, it is policymakers' revised outlook ...
55m
Stock market today: S&P 500, Dow back away from records as Fed cheer fizzles
The S&P 500 ( ^GSPC) fell roughly 0.3%, after the benchmark index ended at an all-time high. The Dow Jones Industrial Average ...
21h
on MSN
What does the Fed interest rate cut mean for mortgages and homebuyers?
Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the ...
Opinion
4d
Opinion
The Fed Should Go Big Now. I Think It Will.
But this time around, I think they will be.
5h
Morning Bid: Taking stock after Fed glow, Japan/China hold
The big Fed cut alongside news of falling weekly jobless puts the 'soft landing' firmly on track and all stock indexes surged on Thursday - with new record highs for the S&P500 (.SPX) and the ...
9h
on MSN
The Fed Has Set Out On A ‘Recalibration’ Of Policy. Here’s What Powell’s New Buzzword Means (Video)
Asset prices soared as investors took Powell at his word that the outsized rate cut wasn’t in response to a substantial ...
5h
U.S. Jobless Benefits Applications Now Lowest in Four Months
Despite these challenges, the latest report offers some optimism. The four-week average of claims, which smooths out weekly ...
5h
Now That Rates Are Falling, Let’s Turn to Other Matters
The Federal Reserve has at last cut interest rates but our columnist points out a host of concerns that could weigh on ...
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