Mortgage rates drop to lowest since early February 2023 after Fed’s jumbo interest rate cut
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
The Fed decision’s lone dissenter worries the bigger rate cut sends a ‘premature victory’ message to markets
The only Federal Reserve official to dissent from the central bank’s aggressive half-point interest-rate cut earlier this ...
Dow finishes week in record territory following Fed's interest rate cut
Spurred on by the Federal Reserve Board's half-point cut in interest rates, the stock market closed out a buoyant week on ...
The Fed's Massive Rate Cut Has a Huge Silver Lining for Savers Who Missed Out on 5% CDs
Say you've been holding off on signing or refinancing a mortgage because rates were stuck around 7%. Currently, the average ...
Rate cut Q&A with Globe business columnist Larry Edelman
Boston Globe business columnist Larry Edelman answers the most important questions related to the Federal Reserve’s interest ...
Fed's Waller: Weak inflation data cemented case for 50 basis point cut
U.S. Federal Reserve Governor Christopher Waller, one of the more ardent voices in the central bank's battle to hike interest ...