Fed pauses, but mortgage rates are already lower

Mortgage interest rates have moved lower from late last summer through to the new year, often ahead of the Fed’s cuts. The central bankers’ latest announcement is unlikely to move mortgage rates, but ...

What is the neutral rate of interest? The Fed’s theoretical rate benchmark

The neutral rate is a changing, theoretical interest rate used as a benchmark by the Fed to set monetary policy. Here's what ...

The Fed Paused Rate Cuts. That's Great News for These 2 Financial Stocks

After three consecutive decisions to lower the federal funds rate, the Federal Open Market Committee (FOMC) paused rate cuts ...

Federal funds rate should stay restrictive, KC Fed's Schmid says

Kansas City Fed President Jeffery Schmid hasn't changed his mind from the past two Federal Open Market Committee meetings, where he dissented from the decision to cut rates, preferring instead to keep ...

Powell says Fed not 'in a hurry' to cut interest rates with 'economy remaining strong'

Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest rate cutting campaign.