How could HELOC rates change after the December Fed meeting?
The final Federal Reserve meeting of 2024 is set for next week. Here's what it could mean for HELOC interest rates.
Mortgage rates cool again ahead of the Fed’s December meeting
Mortgage rates are declining and could drop more by the end of the year, depending on what happens after next week's Federal Reserve meeting.
Inflation Is Stuck. What That Could Mean for a December Fed Rate Cut.
The progress bringing down inflation has stalled out in recent months, and economists expect November to continue that trend. But unless last month’s price growth is markedly stronger than anticipated,
Fed Sees Economy Solid, Inflation Easing as December Rate Cut Looms
In short, the Fed is seeing the best of both worlds: an economy growing steadily with inflation headed toward its target, albeit maybe a little slower than had been anticipated. The Fed confirmed this Wednesday when it released its “beige book” survey of the U.S. economy, noting growth in the economy continued although hiring was subdued.
Why Powell and the Fed should pause interest-rate cuts in December
The conventional wisdom among economists and traders is that the Federal Reserve is going to cut its benchmark interest rate by another quarter of a percentage point on Dec. 18, and then pause at its first meeting in 2025.
Inflation gives Fed green light for rate cut in December
Fresh inflation figures are likely to make the Federal Reserve more cautious about the pace of interest-rate cuts – but not quite yet. Read more at The Business Times.
A top Fed official leans toward December rate cut but says it depends on economic data
A top Federal Reserve official says he is leaning toward supporting an interest rate cut when the Fed meets in two weeks but that evidence of persistent inflation before then could cause him to change that view.
Fed’s Waller Leans Toward Favoring December Rate Cut
Federal Reserve governor Christopher Waller said he was leaning toward favoring a cut in interest rates at the central bank’s meeting later this month, though he also said he could be open to arguments for holding rates steady.
Inflation ticked up again in November. Will the Fed cut rates next week?
Inflation is moving in the wrong direction. U.S. inflation picked up for a second straight month in November on a rise in food and gasoline prices, underscoring that the final stretch of the Federal Reserve's two-year battle against sharply rising prices has become more challenging.
Fed expected to cut interest rates despite rising inflation. Here's why
Price increases are rising again, just when the Federal Reserve had appeared close to declaring "mission accomplished" in its yearslong fight to lower them. In theory, the trend would prompt the Fed to raise rates,
Why a rate cut? Fed’s favorite price gauge likely to show tamer ‘core’ inflation.
Armed with consumer and wholesale inflation reports, Wall Street economists predict the Federal Reserve’s favorite price gauge will show just a mild increase in November and justify an interest-rate cut.
The Fed Preview: The Policy Normalization Practically Ends
With inflation above 3%, the Fed’s pause could end policy normalization. Find out why this hawkish move may threaten the ...
Fed’s interest rate decision in focus
On a monetary level, we highlight ECB’s interest rate decision to cut rates by 25 basis points and signal its readiness for more easing to come. The decision tended to be more or less expected, given ...
Citigroup joins Wall Street peers in forecasting 25 bps rate cut by Fed in December
Citigroup, previously the only Wall Street brokerage forecasting a 50 basis point rate cut by the U.S. Federal Reserve, has ...
Bitcoin reclaims six-figure mark as inflation data bolster December Fed cut odds
Bitcoin (BTC-USD) climbed past the six-figure mark once again on Wednesday, driven by inflation data that matched ...