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Tag: Federal Funds Rate

The latest inflation report puts the Fed on course to cut the key interest rate by a quarter of a percentage point. Wall Street is not happy.

Posted on | Posted on Jasper | Leave a Comment on The latest inflation report puts the Fed on course to cut the key interest rate by a quarter of a percentage point. Wall Street is not happy.
The latest inflation report puts the Fed on course to cut the key interest rate by a quarter of a percentage point. Wall Street is not happy.

Based on new consumer price data, the US Federal Reserve is expected to continue its quarter-percentage-point interest rate cut next Wednesday. However, some people on Wall Street who had hoped for a half-percentage-point cut were disappointed. The core consumer price index, excluding volatile food and energy prices – a measure the Fed prefers to focus […]

Bad news for home sellers can be good news for buyers

Posted on | Posted on Jasper | Leave a Comment on Bad news for home sellers can be good news for buyers
Bad news for home sellers can be good news for buyers

Two smiling people sit on the floor between moving boxes. Image source: Getty Images In the early days of the pandemic, it became clear that something strange was happening in the housing market. To keep the economy going, the Federal Reserve cut the federal funds rate to a historic low, and buyers came in droves […]