Construction spending dipped in Aug. ahead of Fed rate cut
Construction spending dipped in August ahead of Fed rate cut
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A Fed Rate Cut Is Likely Coming Next Month. Here's What It Means for Your CDs
Several Fed rate cuts are on the way in the coming months. Here's how that will affect new and existing CD rates.
Market Bets on Half-Point Fed Rate Cuts Recede
Investors have responded to Federal Reserve Chair Jerome Powell’s remarks yesterday that he’s in no rush to lower interest rates and quarter-point moves are preferred. Traders had built up hopes of more half-point reductions after a cut of that size was delivered in September.
Fed Rate Cut: Will Prices Ever Go Back To ‘Normal’?
Inflation may have (nearly) returned to normal. But prices don’t feel normal. The Federal Reserve cut the federal funds rate by 50 basis points in September as inflation has moved closer to its 2% target.
Fed Chairman Jerome Powell Anticipates More Interest Rate Cuts
Federal Reserve Chair Jerome Powell on Monday said the U.S. economy is in "solid shape" and that more interest rate cuts can continue if the economy continues to evolve as expected.
Where should you stash your savings after the Fed rate cut?
For example, "several banks are offering high-yield savings accounts with APYs of 4.85%," which, while "down from a peak of 5% or more prior to the rate cut" is still a "relatively robust offer," said CBS News.
Opinion
The Fed’s Big Rate Cut Wasn’t Political. It Was an Economic No-Brainer.
But while the Fed’s action will surely have political consequences, it wasn’t a political decision. The straight economic case for a rate cut was overwhelming; the case for a big cut was very strong. Not cutting would have been political. And the Fed didn’t let itself be bullied into inaction.
US Construction Spending Falls in August on Single-Family Homebuilding
U.S. construction spending unexpectedly fell in August amid a sharp drop in outlays on single-family housing projects, but declining borrowing costs could stimulate activity in the months ahead. The Commerce Department's Census Bureau said on Tuesday construction spending dipped 0.
U.S. construction spending drops 0.1% in August
Construction spending fell 0.1% M/M in August at a seasonally adjusted annual rate of $2,131.9B, the U.S. Census Bureau said on Tuesday. The spending was expected to fall 0.3%, according to the consensus estimate of economists.
The Fed may slash rates again. Don’t make these 6 mistakes in a changing-rate environment, say 6 financial advisers.
Learn more When the Fed cut rates by half a point on Sept. 18, some investors found themselves in a frenzy — trying to ...
Fed sees no 'hurry' to cut rates as confidence in economy grows, Powell says
The U.S. economy seems poised for a continued slowdown in inflation that will allow the Federal Reserve to cut its benchmark ...
Fed Chair Powell says the US economy is in ‘solid shape’ with gradual rate cuts coming
Federal Reserve Chair Jerome Powell has signaled that more rate cuts are in the pipeline, though their size and speed will ...
Fed Chair Jerome Powell: 'Growing confidence' inflation cooling, more rate cuts possible
Powell said two more rate cuts are possible if the economy continues to perform as expected, though they are likely to not be ...
The Fed surprised many investors with a jumbo rate cut this week. It won’t get much easier to predict the next move
Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in ...
Recent Data Shows Americans Rushed to Lock in Mortgages Just Days After the Fed Cut Interest Rates
Data from Redfin and the Mortgage Brokers Association show prospective homebuyers are eager to take advantage of lower ...
Fed's rate cut could catapult mid-cap stocks over the S&P 500 as the top trade, strategists say
“Mid caps have seen better recent guidance and revision trends, have outperformed small caps on average in Downturn regimes… ...
Republic Business on MSN1d
Economists warn of Fed Policy risks as Jerome Powell prepares to speak
US Fed Chief Jerome Powell is about to speak at the National Association for Business Economics on Monday. A recent survey ...