Category: Economy
Fed Eyes Interest Rate Cut as Economic Pressures Start Shifting
June 19th, 2024
The Federal Reserve is the central bank of the United States. It plays a vital role in shaping the country's monetary policy. One of the tools at its disposal, which is considered vital, is the manipulation of interest rates. So, …Read more »
Will Fed Cut Interest Rate in December? Kashkari Hints at Policy Shift
June 19th, 2024
Few steps in the elaborate dance of economic policy are observed with as much anticipation as those of the Federal Reserve interest rate decision. Put simply, the Federal Reserve rate is the mechanism by which the country's central bank attempts …Read more »
Mortgage Rates Likely to Decline Further Over the Summer: CPI Report
June 16th, 2024
As the summer progresses, mortgage rates are anticipated to decline further, potentially preventing monthly housing costs from rising excessively. On June 12, daily average mortgage rates dropped to their lowest level in three months following the latest CPI report, which …Read more »
Interest Rates Update: Fed Predicts Only One Rate Cut in 2024
June 12th, 2024
The Federal Reserve's June 12 meeting concluded with a cautious approach towards the monetary policy amidst persistent inflation concerns. The Fed has signaled that it may only implement one rate cut this year, a more conservative forecast compared to previous expectations. More cuts …Read more »
Fed Interest Rates Prediction: 90% Chance Rates WON’T Drop
June 11th, 2024
As the Federal Reserve gears up for its next interest rate decision on June 12, the financial world is abuzz with speculation. The central question on everyone's mind is whether the Fed will implement a rate cut. However, the odds …Read more »
Fed’s Decision Day: Interest Rates Prediction for June 12
June 11th, 2024
As the Federal Reserve approaches its June 11 meeting, the financial world is holding its breath in anticipation of the central bank's next move. Fed expected to hold rates on June 11th, but will they stay put? See expert predictions …Read more »
Fed Interest Rate Predictions for the June FOMC Meeting
June 11th, 2024
The U.S. Federal Reserve is set to release its updated economic projections this week, and with them comes a cloud of uncertainty. While this outlook traditionally holds significant weight, influenced by the central bank's authority, this time around it may …Read more »
Experts Predict Major Shifts in Mortgage Rates in June 2024?
June 10th, 2024
The housing market can feel like a rollercoaster at times, and June is shaping up to be no exception, especially for those navigating mortgage rates. Unlike a leisurely scenic train ride, June's housing market promises a white-knuckled experience, filled with sharp …Read more »
Will Mortgage Rates Drop in June 2024: “Mixed Predictions” So Far!
June 10th, 2024
Uncertain inflation outlook leads to mixed predictions for June mortgage rates. Experts weigh in on whether rates will climb, fall, or hold steady. Let's find out in this article. The battle against inflation is a key player in the game …Read more »