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US Fed makes aggressive rate cut
What does the interest rate cut mean for mortgages and homebuyers?
Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the aftermath of the Fed’s rate cut on Wednesday, the yield on a 10-year Treasury bond ticked slightly upward, defying the nudge downward by the central bank.
The Fed just made a jumbo rate cut. Here are 5 takeaways on what it means for mortgages and more.
The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.
30-Year Mortgage Rate Drops to 6.09% After Fed Rate Cut
The decline in mortgage costs, influenced by expectations of the Federal Reserve’s rate moves, could revive interest in buying, selling and remortgaging, economists said.
Bank of England's rate decision hangs in balance
UK interest rate decision held at 5% by Bank of England – business live
Newsflash: The Bank of England has left UK interest rates on hold. At its latest meeting, the Bank’s Monetary Policy Committee voted to leave interest rates at 5%, resisting any temptation to cut rates for the second meeting running.
LIVE
Bank of England's latest interest rate decision imminent
The rate is expected to stay at 5%, after the last decision in August saw interest rates cut for the first time since the pandemic.
The Bank of England is widely expected to hold interest rates as inflation stays above target
The Bank of England is widely expected to keep interest rates unchanged on Thursday, a day after official figures showed inflation in the U.K. holding steady at an annual rate of 2.2% in August, with higher airfares offset by lower fuel costs and restaurant and hotel bills.
4h
on MSN
Wall Street soars to records as Dow leaps 500 in a rate-cut rally that swept the world
Wall Street romped to records Thursday as a delayed jubilation swept markets worldwide following the Federal Reserve’s big ...
8m
Federal Reserve rate cut sparks mixed reactions ahead of election
The Federal Reserve's recent interest rate cut has led to varied responses from political figures and economists as the ...
3h
Stock Market Today: Dow finishes above 42,000 for first time in history after Fed's big rate cut
The latest batch of quarterly forecasts from the Federal Reserve showed policy makers have had a change of heart since June ...
6h
on MSN
A juicy rate cut and new evidence of a surprisingly resilient economy, Yardeni Research calls it ‘nirvana’
The Fed is cutting into one of the stronger economies we've seen in years," Yardeni Reseach's Eric Wallerstein told Fortune.
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Opinions
The Fed’s Big Rate Cut Wasn’t Political. It Was an Economic No-Brainer.
The New York Times
5h
'With interest rate cuts beginning, India should see capital being reallocated from bonds to equities'
MSN
16h
A flurry of Fed rate cuts may not happen: Inflation is down but not dead
The Straits Times
18h
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