Case for the Fed to continue cutting rates in Dec. and Jan.

The Fed Will Cut Interest Rates At Least Twice in 2025, According to Wall Street. Here's What It Means for Stocks
The U.S. Federal Reserve was locked in a battle with soaring inflation throughout 2022 and 2023, which prompted the central bank to rapidly increase the federal funds rate (overnight interest rates). That triggered a steep climb in interest rates, including the 30-year fixed mortgage rate, which hit a two-decade high of 7.8% toward the end of 2023.
Fed Leans Toward A December Interest Rate Cut
The Federal Open Market Committee is most likely to cut interest rates again on December 18 to 4.25% to 4.5%, according to fixed income markets.
Today's Mortgage Rates | Rates Should Continue to Ease as Fed Cuts Look More Likely
These are today's mortgage and refinance rates. Mortgage rates are down this month, and they should drop further next year as the Fed lowers rates.
How are borrowers reacting to the Federal Reserve rate cuts?
The Federal Reserve's interest rate cuts can influence the rates on various loans, but timing big purchases to the Fed’s rate cuts isn’t always easy.
Fed's Musalem expects more rate cuts, keeping options open on December meeting
St. Louis Federal Reserve President Alberto Musalem said on Wednesday he expects the U.S. central bank will be able to continue to cut interest rates but isn't ready to say what he thinks should happen at its policy meeting later this month.
Market expects a December rate cut
The chances of a Fed rate cut of 25 basis points in two weeks were pegged at 73.8% ahead of Fed Chair Powell's remarks, according to the CME FedWatch tool. "The question is whether he \[Powell\] again
Fed’s Musalem Sees Risk of Cutting Rates Too Much, Too Soon
Federal Reserve Bank of St. Louis President Alberto Musalem sees a risk that progress toward 2% inflation could stall, or possibly reverse.
The case for the Fed to continue cutting rates in December and January
Faisal Hasan, Chief Investment Officer of Al Mal Capital explains why the Fed will continue to ease policy, expecting rates at around 3.6% by the first half of 2025.
USA Today23h
Fed minutes may show start of debate over how far to go on rate cuts
Federal Reserve officials say they are likely to keep reducing interest rates for now ... the economy was "not ...
Fed’s Daly Says No Sense of Urgency to Lower Interest Rates
Federal Reserve Bank of San Francisco President Mary Daly said there’s no sense of urgency to lower interest rates, ...
FOX News on MSN10d
Fed's Goolsbee makes case for lower interest rates
Chicago Federal Reserve Bank President Austan Goolsbee said on Monday that the Fed's interest rate-cutting campaign .
Jobs report shows hiring surge as Fed weighs interest rate cut
The jobs report marks one of the last pieces of significant economic data before the Fed announces its next interest rate ...
Apple Savings APY hits new low of 3.90% after Federal Reserve rate cut
The Apple Savings APY falls again after another Federal Reserve rate cut in November, reaching a new all-time low of 3.90% ...
WLRN3d
Economy is on 'solid footing', but regional Fed head is uncertain about more rate cuts
Federal Reserve Bank of Atlanta boss is optimistic about the economy heading into the new year. Yet, he's unsure rates will ...
What's the mortgage interest rate forecast for December 2024?
"I expect mortgage rates to stay around 6.875% to 7.125% in December," says Aaron Gordon, a branch manager and senior ...
AOL3d
How to prepare for lower interest rates (and 4 money moves you should avoid)
3. Consider taking out a new loan When the Federal Reserve cuts interest rates, it lowers how much it costs to borrow across the U.S. Whether you’re considering a debt consolidation loan — a ...