The Fed is lowering interest rates. So why are mortgage rates going up?
The central bank has cut its benchmark interest rate three times in 2024, but mortgage rates haven't followed suit. In fact, ...
The Fed's rate outlook has rattled markets. Here's what it means for global central banks
The Federal Reserve roiled markets by raising its inflation outlook and signaling fewer rate cuts next year — and global ...
CNET1d
The Fed Cut Rates Again. Will APYs for Savings Accounts and CDs Continue to Drop?
A certificate of deposit is a deposit account that offers a fixed rate for a specific time, or term. In exchange for fixed ...
Why currency volatility could be the market's 'Achilles heel' in 2025
"This is not the time to take a lot of excess exposure risk on FX, as it may prove to be the dominant story of 2025," KKR ...
Exchange Rates1d
What is the Selling Rate and Buying Rate When Trading Currency Exchange Rates?
The buying price for a currency exchange rate, also known as the bid price, can be thought of as the exchange rate at which the MARKET is willing to BUY at. The selling or 'ask' rate is the ...
US stocks face headwind from rising yields after Fed signals fewer rate cuts
The rally in U.S. stocks is encountering a fresh hurdle -- a potentially problematic rise in Treasury yields as the Federal Reserve signals fewer interest rate cuts for 2025.