Most Officials Supported More Rate Cuts but Not Necessarily
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With economic data being the most consistent source of motivation for rates, the market has been eager for it to return with the reopening of the government. While some higher profile reports have been rescheduled for the coming days (i.
Investors are split on whether the Fed will cut interest rates again in December, uncertainty that is made worse by a lack of recent data.
Unemployment data released on Friday was not warmly greeted by millions of Americans. The overall unemployment rate ticked up to 4.3% in August, up from 4.2% in July. And just 22,000 jobs were added to the economy in the month. Additionally, revised data ...
The tension in the market is building, and this week's economic data is likely to decide whether the Fed cuts rates at its September FOMC meeting. The market is currently assigning a roughly 85% chance of a September rate cut, with the big August job ...
Falling job growth may be bad news for the economy, but it could bring welcome news for mortgage borrowers. A weaker-than-expected jobs report has already pushed rates lower, easing some of the pressure on today’s housing market. For homebuyers, the ...
Dominion Energy is proposing a rate increase for residential customers that will add $10.51 a month starting in 2027. The State Corporation Commission, which held its first hearing about the possible rate increase on Tuesday, will consider the company’s ...
BOISE, Idaho — Idaho Power customers could see their electrical rates go up in 2026, but not as much as originally proposed, following an agreement filed Friday. Earlier this year, the utility company proposed rate increases for users that would have ...