Trump Demands Fed Rate Cuts. Stock Markets Must Separate Reality From His Rhetoric and 5 Other Things to Know Today.
Banks have reported slower loan growth amid strong earnings, Tesla to raise Canadian car prices, and more news to start your day.
Today's Mortgage Rates | Rates Tick Up as Trump Demands Fed Cuts
These are today's mortgage and refinance rates. Mortgage rates have increased as investors parse Trump's Davos comments.
Why mortgage rates are still high despite the Fed rate cuts
As mentioned, mortgage rates haven't fallen in line with the Fed's rate cuts because they depend on factors beyond the agency's benchmark rate, such as the economy and 10-year Treasury bond yields. For example, when the 10-year treasury rate goes up, mortgage rates tend to follow, and vice-versa.
Fed's rate-cut view set to test resurgent US stocks rally
The Federal Reserve's first meeting of 2025 in the coming week stands to test the resurgence in U.S. stocks as investors gauge the extent of more equity-friendly interest rate cuts in the months ahead.
Dow Jones Plummets 1100 Points After Fed Suggests Fewer Rate Cuts In 2025
The Dow Jones dropped 1,123 points (or 2.6 percent) by the close of the market Wednesday after the Fed's 19 policymakers projected that the central bank will cut interest rates by a quarter-point just twice next year, meaning rates will only be sliced by a half a percentage point in total throughout next year.
Fed rate cuts prompt rethink: Where should you park your savings in 2025?
A financial expert suggests reconsidering savings strategies in 2025 as high-yield savings account rates decrease.
Fed Official Says Further Rate Cuts Can Wait
St. Louis Fed President Alberto Musalem suggests greater caution is warranted on reducing interest rates.
Fed’s Waller Says Fresh Rate Cuts Possible in First Half of 2025
Federal Reserve Governor Christopher Waller said the US central bank could lower interest rates again in the first half of 2025 if inflation data continues to be favorable.
Trump says he'll demand lower rates immediately, claims he knows rates better than Fed
Trump demands Fed cut rates, claims better monetary policy understanding
U.S. President Donald Trump on Thursday said he wants the Federal Reserve to cut interest rates at a time the central bank has hit pause for an uncertain duration, arguing he understands monetary policy better than those charged with setting it.
Trump’s demands on lower interest rates face a skeptical Fed, strong economy
President Donald Trump’s demands of lower interest rates are running into a Federal Reserve that has already dialed back its expectations about cutting rates and an economy that has
US equity fund outflows ease on renewed hopes for Fed rate cuts
Outflows from U.S. equity funds cooled to the lowest in three weeks in the week to Jan. 22, buoyed by shifting expectations ...
The Washington Post17d
If the Fed pauses rate cuts in January, it might be because of Trump, Fed minutes show
But that began to change when Powell acknowledged that some Fed officials involved in forecasting interest rate cuts this year had begun thinking through the ways Trump’s fiscal policies could a ...
CBS News on MSN15d
Strong December job growth could augur fewer Fed interest-rate cuts. Here's why.
Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.
Strong US job growth raises doubts about further Fed rate cuts
The U.S. job market again defied an anticipated slowdown, with firms adding more than a quarter of a million jobs in the last full month of Joe Biden's presidency and leaving Federal Reserve ...
Former Kansas City Fed President: Haven't seen movement in inflation that warrants more rate cuts
Former Kansas City Fed President Esther George joins 'Squawk Box' to discuss President Trump's comments on the Fed, impact on ...
What To Expect From The Federal Reserve's Interest Rate Decision Next Week
The Federal Reserve is widely expected to hold its key interest rate steady on Wednesday as officials wait for more data that indicates inflation is cooling.
GlobeSt.com2d
CRE Experts Pessimistic About More Rate Cuts in 2025
Going into 2025, there has been plenty of optimism from the CRE industry given the multiple recent interest rate cuts by the ...
Trump tells Davos ‘America is open for business’ with plan for interest rate and tax cuts
President Trump told the world’s financial elite Thursday that America is “open for business” — saying he will demand that interest rates “drop immediately” while lowering energy costs and slashing ...