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"What the Fed can do is create expectations for short-term growth with a rate cut, which is powerful," said Cliff Waldman, ...
That interest rate is set by buyers and sellers in the bond market, and it has actually gone up since the Fed announced its cut. This is significant because the yield on the 10-year is not ...
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
Bowman was the lone dissenter from the Federal Open Market Committee's decision to lower benchmark interest rates for the ...
The Fed’s larger-than-expected half-point cut sent markets soaring and should send consumer borrowing rates down, providing a ...