Strong US job growth raises doubts about further Fed rate cuts
The U.S. job market again defied an anticipated slowdown, with firms adding more than a quarter of a million jobs in the last full month of Joe Biden's presidency and leaving Federal Reserve policymakers to puzzle over the need for more interest rate cuts in a strong economy.
With the interest rate climate changing again, it helps borrowers to know what a good home equity loan rate is now.
Last year, the path to lower mortgage rates seemed relatively straightforward: Official inflation would go down, the Federal ...
Even though their mortgage rate is low, they want to pay it off early so they can retire without the monthly expense.
An economic environment where it's harder to land a job may present a green light for the Reserve Bank to cut interest rates.
Kansas City Federal Reserve President Jeff Schmid signaled on Thursday a reluctance to cut interest rates again as the U.S.
"I think really the market is saying maybe no rate cuts in 2025, and that the 10-year could very easily break well above 5%," ...
The utilization of your home equity needs to be done both carefully and strategically. And it can be done so effectively with ...
Unfortunately, if you’re among the half of credit cardholders who carry debt from month to month, you’re unlikely to catch ...
In December 2024, the average interest rate for a savings account in the U.S. stood at 0.42%, according to the Federal ...
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