US 30-year mortgage rate jumps to 6.36%, biggest weekly gain in 15 months
The last time it rose this much was July 2023, when the Fed was still increasing interest rates in its battle to bring down ...
Dollar Posts Longest Winning Streak Since 2022 as Fed Bets Fade
The dollar advanced on Wednesday, for its longest run of gains in more than two years as US economic resilience forced ...
Fed decision to go big on rate cut was not a slam dunk
The Fed’s decision to cut interest rates in September prompted a debate, according to the minutes of that Federal Reserve ...
Fed Officials Debated Whether a Big Rate Cut Was Smart in September
Freshly released minutes from the central bank’s September meeting show that policymakers were divided on how much to cut ...
Equities rise after Fed minutes; inflation data and earnings in focus
Wall Street stocks advanced on Wednesday with the S&P 500 and the Dow scoring record closing highs after the release of ...
Could Hurricane Milton Derail Economic Progress?
As Florida prepares for the devastation of another powerful storm, Hurricane Milton's economic consequences could be felt ...
Stock market today: US stocks close at all-time highs ahead of key inflation update
The Dow and the S&P 500 closed at a record high. Markets are waiting for September inflation data , a key data point ahead of ...
Fed minutes indicate officials were divided on whether to cut rates by half a point in September
CNBC’s Steve Liesman, joins 'Power Lunch' to discuss the findings in the Fed minutes. Scenes from Florida as Hurricane Milton ...
As interest rates fall, it's a 'fantastic time' to revisit bonds, advisor says. Here's why.
When constructing a bond portfolio, advisors weigh duration, which measures a bond’s sensitivity to interest rate changes.
Regional banks brace for tougher capital rules, get relief from Fed cuts
U.S. regional banks preparing for higher capital requirements will get some relief from the Federal Reserve's jumbo rate cut.
Fed shrugs off downturn concerns in latest minutes
Despite recent concerns among business leaders that the economy may enter a contraction some time in the next six months, U.S ...
Some Fed Officials Were On The Fence About Its Super-Sized Rate Cut
It turns out that policymakers at the Federal Reserve were more divided about the decision to make a super-sized cut to ...