Fed Rate Cuts Aren't a Cure-All for High Mortgage Rates

Sticky inflation might make it more tricky for Fed rate cuts, CPI could show
A rapid slowdown in the rate of U.S. inflation appears to have lost steam, potentially raising questions about how aggressively the Federal Reserve will cut interest rates early next year.
Why Fed Rate Cuts Aren't a Cure-All for High Mortgage Rates
On Nov. 7, the Federal Reserve implemented a 0.25% reduction to the federal funds rate, its second cut in over four years. Prospective homebuyers are eager for a silver lining in the housing market. But experts don't anticipate dramatically lower rates before the end of the year.
What the Fed rate cut means for HELOC interest rates
The Federal Reserve issued another cut to the federal funds rate this week. Here's what it could mean for HELOC rates.
It Will Be Hard for Fed to Keep Cutting Rates After December, Furman Says
Jason Furman, former chairman of the Council of Economic Advisers, says he expects the Federal Reserve to cut rates again in December, but after that, the pace of cutting will slow down. He's on "." (
Homebuyers await mortgage relief after Federal Reserve's back-to-back rate cuts
The Federal Reserve has made two consecutive interest rate cuts but potential homebuyers are wondering when mortgage rates will drop. CBS News MoneyWatch correspondent Kelly O'Grady breaks down what this means.
Traders Bet on December Rate Cut Despite Trump Inflation Worry
The market is expecting the Federal Reserve to slash interest rates again when its final meeting of 2024 concludes next month, even though economists are warning that Donald Trump's protectionist policies could drive inflation back up.

South Africa’s unemployment rate drops

Today's Best Savings Accounts Still Pay Almost the Highest Rate in Two Decades—Up to 5.50%
Despite the Federal Reserve cutting interest rates last week, the nation's best high-yield savings accounts still include ...
Reuters on MSN1h
Indian shares set for muted start as rising inflation dampens domestic rate cut hopes
Nov 13 (Reuters) - Indian shares will likely open little changed on Wednesday after a rise in October retail inflation ...
CBS News on MSN5d
The Federal Reserve made a rate cut decision today. Here's the impact on your money.
The Federal Reserve on Thursday made its second rate cut of this year, with the decision coming less than two months after ...
USA TODAY on MSN4d
Fed lowers key interest rate by quarter point as inflation eases but pace of cuts may slow
After a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point ...
Japan's rising wholesale inflation heightens uncertainty on BOJ's rate hike timing
Japan's wholesale inflation accelerated in October as renewed yen falls pushed up import costs for some goods, data showed on ...
Michigan gives DTE approval for $113.8M gas rate hike: What it means for your bill
In regulatory filings, DTE officials said the rate increase is needed to meet rising operational and maintenance costs.
Mortgage Rates Today, Nov. 7: Median Rate Rises to 6.99%
The current median interest rate is 6.99% for a 30-year fixed-rate mortgage and 6.13% for a 15-year fixed-rate mortgage ...
How to Calculate the Break-Even Interest Rate on Bonds
To calculate the break-even interest rate, you need to know the yields to maturity and the number of years left before the ...
Hysterics as Woman Tests Boyfriend in 'Love Island' 'Heart Rate' Challenge
For those unfamiliar with the Love Island heart rate episode, it's a fan-favorite segment of the show where each contestant ...