The Fed Holds Rates Steady
The Fed maintains the federal funds rate between 4.25% and 4.5%
Tagged: The Federal Reserve
December Labor Data Beats Expectations By A Mile
Stronger-than-expected job growth signals steady economic resilience, extends horizon for likely next rate cut
FED Cuts Funds Rate By 25 bps
Federal funds rate lowered to a target range of 4.50%-4.75%.
Mortgage CFOs, CIOs: Rate Relief A Long Way Off
Eager for relief but fearing further losses, industry executives offer insights on a volatile mortgage market in transition.
Mortgage Industry Despairs Over Positive Jobs Report
Leading to 'crushed' expectations of another significant rate cut
Interest Rate Cut Reinforced By Wednesday's Inflation Data
Consumer Price Index makes smallest annual increase in three years
Inflation Slows To 2.9% In July
Core inflation — less food and energy — remains slightly higher than the all items index
Blockbuster Jobs Report Staves Off Recession But Delays Rate Cuts
Hot May jobs report signals further delays in rate cuts, according to the MCT June Indices report