Fed Holds Rates Steady
Digest more
Trump, Powell and interest rates
Digest more
1don MSN
Fed expected to pause rate cuts after 3 straight reductions amid uncertainty over jobs, inflation
Federal Reserve expected to hold interest rates steady at 3.5%-3.75% range as FOMC navigates inflation concerns and softening job market in first 2026 meeting.
∎Projected 2026 average: 6.1% (a 0.2 percentage point decrease from mid-December 2025) ∎Projected 2026 low: 5.7% (lowest level since August 2022) ∎Projected 2026 high: 6.5% (highest level since September 2025)
As the Federal Reserve decides its federal funds rate, here’s how it ripples through the economy and influences your finances.
The central bank’s policy stance can influence consumer savings and borrowing, from car financing to home equity loans. Here’s how it works.
Mortgage buyer Freddie Mac said Thursday that the benchmark 30-year fixed rate mortgage rate rose to 6.1% from 6.09% last week.
It wasn't that long ago when the average mortgage interest rate was comfortably over 7%. In August 2023, for example, the average rate on a conventional 30-year term was 7.31%, marking the highest level since 2000. Interest rate cuts in 2024 only ...
On some occasions, a rate announcement from the Federal Reserve (even one that results in no change to the Fed Funds Rate) can cause a huge move in mortgage rates. Today was not one of those days, but in its defense,
Competition among smaller banks and credit unions has pushed the leading APY up to 4.50%
Mortgage interest rates remain volatile, and for homebuyers, a mortgage rate lock could mean paying thousands of dollars less over the life of a loan. While timing plays a role in securing the lowest possible mortgage rate, experts say preparation and a ...
When looking at mortgage offers online, the interest rate doesn't always show the whole picture. Often, the lowest advertised mortgage rate includes 1 or more discount points, which translates to thousands of dollars in up-front costs. The way to find the ...
Jerome Powell had little to say about the biggest questions hanging over the Federal Reserve. The central bank voted Wednesday to keep interest rates unchanged, with two governors dissenting in favor of a quarter-point cut.