Fed may halt interest rate cuts—and could even pursue a hike, say analysts
High interest rates and the rising cost of funding were already a top concern for CFOs. Now, that concern could grow following a strong December jobs report—one of the key pieces of data assessed by the Federal Reserve—that has led some economists to predict there will be fewer rate cuts this year,
Latest CPI Inflation Report Makes January Fed Rate Cut Very Unlikely
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is unlikely to cut rates in January.
US inflation likely remained sticky-high last month, threatening interest rate cuts
U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make it less likely that the Federal Reserve will cut its key interest rate much
Inflation rose to 5-month high in December. What that means for Fed rate cuts.
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But underlying price measure eased.
What the new inflation report means for mortgage rates
A fter several months of hopeful signs in the battle against inflation, new data confirms that the fight is far from over. Inflation rose 2.9% on an annual basis in December, whic
Cooler core inflation revives bets on Fed rate cuts
Federal Reserve policymakers may be able to reduce interest rates a couple of times this year, traders bet on Wednesday, after a government report helped allay fears that inflation was accelerating in the final full month of Joe Biden's presidency.
Bonds Have Banner Day as Inflation Report Revives Fed-Cut Bets
US government bonds had their best day in months after benign inflation data revived the case for additional Federal Reserve interest-rate cuts.
Bank of Korea unexpectedly holds rate steady as political turmoil, won weigh
South Korea's central bank unexpectedly left its policy interest rate unchanged on Thursday and signalled it needs to wait ...
What's the HELOC and home equity loan interest rate forecast for 2025?
Home equity is at an all-time high, but what will happen with these borrowing rates this year? Experts weigh in.
Capital One accused of ‘cheating millions of customers’ out of interest rate payments
Capital One is being sued by the US government’s consumer watchdog agency for “cheating millions of consumers” and not paying ...
Stock market today: Tech rout extends sell-off as investors pare back rate-cut bets
Nvidia, AMD, and Broadcom sold off after the Biden Administration released new AI chip export rules late Friday.
Capital One allegedly cheated customers out of $2 billion in interest, CFPB claims
The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.
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Mortgage Rate Lock Guide
If you want to avoid uncertainty and preserve the rate in your mortgage loan offer, get a mortgage interest rate lock. Interest rate locks can offer peace of mind to borrowers, but they are ...
Jobs boom puts election rate cut on a knife edge
The stunning employment surge makes a pre-election rate cut less assured than the Albanese government would be hoping.
What's a good HELOC interest rate in 2025?
HELOC interest rates just hit an 18-month low. Here's what can be considered a good rate at the start of 2025.
Unemployment did not raise by enough for interest rate cut
Australia’s unemployment rate rose slightly in December but it is not by enough to raise the chances of an interest-rate cut. Aussie mortgage holders have received unwelcome news, as unemployment ...
ECB's Centeno sees interest rate converging to 2% as inflation under control
The European Central Bank should continue to lower its deposit rate to around 2% as inflation in the euro zone was generally ...