Fed's Kashkari says 50 basis points rate cut was 'right decision'
Federal Reserve Bank of Minneapolis President Neel Kashkari on Monday said he supported the U.S. central bank's recent interest rate cut, calling it the "right decision" in light of substantial progress on inflation and the risk of an increase in unemployment.
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The Fed’s larger-than-expected half-point cut sent markets soaring and should send consumer borrowing rates down, providing a ...
Currently, the Mortgage Bankers Association predicts a 6.5% average mortgage rate by the end of the year (though that ...
Gold rose on Monday and lingered near record-high levels, as bullish market sentiment after the U.S. Federal Reserve cut ...
The Fed just made its first interest rate cut of 2024. Read on to see why the central bank still has work to do.
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
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