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, ...
Why money’s flowed into Bank of America bonds — and how a Fed pause in rate cuts may help financial firms
The Federal Reserve’s expected interest-rate cut Wednesday is seen as a potential boost for the banking sector, as corporate ...
NBC Chicago1d
The Fed's rate outlook has rattled markets. Here's what it means for global central banks
While global central banks insist their monetary policy decisions are made independently of the Fed, currency moves could ...
The Fed Lowers Interest Rates Again, But Trend May End In 2025
The Federal Reserve’s Federal Open Market Committee (FOMC) voted to cut interest rates again on Wednesday, December 18, by ...
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 ...