The Fed Just Cut Interest Rates. It May Signal a Big Move in the Stock Market.
The federal funds rate is a benchmark that influences other interest rates throughout the economy. The Federal Reserve doesn't control the federal funds rate directly. Instead, it uses various monetary policy tools to steer the benchmark toward a target range, which is currently 4.75% to 5%.
19hon MSN
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
For the last three years, the Federal Reserve has been fighting to bring inflation down. Now it has boldly moved to protect ...
Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the ...
In 1994, the Fed raised rates aggressively to tackle inflationary pressures. By 1995, the labor market was clearly cooling.
"Everybody's happy" about the Federal Reserve's rate cut – at least in real estate – potentially opening the floodgates to ...
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