Fed’s Waller eyes interest-rate cuts this year
How much interest you can earn, however, depends on where savings rates currently stand.
Fed's Kugler supports extended rate pause
2don MSN
When the Reserve Bank cut the official cash rate last month, lenders reacted quickly, letting customers know home loan rates were dropping. But they've been slower to explain how the changes will affect savings rates.
The Federal Reserve is likely to keep its key interest rate unchanged in the coming months as it waits for widespread "uncertainty" stemming from President Donald Trump's policies to resolve, Chair Jerome Powell said Friday at a conference in New York.
Investors’ increasingly gloomy sentiment about economic growth appears to be driving down the 10-year Treasury yield.
At the same time consumers' average inflation expectations rose to 6%, the highest since May 2023. Interest-rate futures contracts are now pricing in a more than 70% chance that the Fed will reduce its policy rate by a quarter of a percentage point at its ...
You can earn up to 4.65% annual percentage yield with today's best CDs. That's more than three times the national average for some terms. How much can that net you? To give you an idea, let's take a look at how much interest you'll earn if you put $5,000 into a top CD today.
Total mortgage application volume jumped 20.4% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index.
Little change in interest rates mean that construction will be generally level, home prices will rise moderately and rents will edge upward.
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