U.S. economy grows at 3.1% pace in third quarter, an upgrade from previous estimate
The American economy grew at a healthy 3.1% annual clip from July through September, propelled by vigorous consumer spending ...
The Fed expects to cut rates more slowly in 2025. What that could mean for mortgages, debt and more
The Federal Reserve’s third interest rate cut of the year will likely have consequences for debt, savings, auto loans, ...
USA Today5d
Fed minutes may show start of debate over how far to go on rate cuts
Federal Reserve officials say they are likely to keep reducing interest rates for now, and investors still expect them to do so at the U.S. central bank's Dec. 17-18 meeting. But how far they will ...
The New York Times24d
Fed Kept Options Open on Rate Cuts, Minutes Show
Minutes from a Nov. 6-7 meeting showed that Federal Reserve policymakers favored lowering rates “gradually.” By Jeanna Smialek Minutes from the Federal Reserve’s November meeting offered ...
Reuters24d
Fed minutes may show start of debate over how far to go on rate cuts
WASHINGTON, Nov 26 (Reuters) - Federal Reserve officials say they are likely to keep reducing interest rates for now, and investors still expect them to do so at the U.S. central bank's Dec. 17-18 ...
NBC New York24d
Fed officials see interest rate cuts ahead, but only ‘gradually,' meeting minutes show
Federal Reserve officials expressed confidence that inflation is easing and the labor market is strong, allowing for further interest rate cuts albeit at a gradual pace, according to minutes from ...
CNBC25d
An accessory dwelling unit (ADU) can give homeowners more space and a new income stream.
An accessory dwelling unit (or ADU) is a smaller ... mortgage that uses the value of your home as collateral. Interest rates are lower than with a personal loan and you can often borrow a larger ...
USA Today27d
'Padding the profit margin': Why are interest rates still rising on store credit cards?
The Federal Reserve hasn’t raised interest rates since the summer of 2023. But America’s retailers apparently didn’t get the memo. The average interest rate on store credit cards reached ...
The Motley Fool27d
Interest Rates Recently Did Something They Haven't Done Since March 2020, and It Could Trigger a Big Move in the Stock Market
Interest rates hit a two-decade high following the Federal Reserve's last hike in 2023. With inflation clearly trending lower, the Fed started cutting interest rates in September for the first ...
CBS News28d
What will mortgage interest rates be in 2025? Experts weigh in
Mortgage rates have had a bumpy ride this year. They started 2024 in the mid-6% range, jumped to over 7%, fell steeply in September, and now, they're nearly right back where we started — only ...
Reuters29d
Fed's Goolsbee says pace of rate cuts may need to slow
Fed policymakers are debating pace, extent of rate cuts Goolsbee says rates should be 'fair bit lower' in a year Market bets reflect close call for December rate decision Nov 21 (Reuters ...
wglt29d
Unit 5 proposes increasing property tax levy and education fund tax rate
Unit 5 is proposing a $163 million property tax levy in 2024 — a roughly 9.2% increase from last year’s $150 million levy — and has plans to bump the education fund tax rate to $3.40 per $100 ...