Holden Lewis writes for NerdWallet. Email: hlewis@nerdwallet.com. Twitter: @HoldenL. The article May Mortgage Rates to Stay Above 7% as Hope Dims for Fed Cuts originally appeared on NerdWallet.
May Mortgage Rates To Stay Above 7% As Hope Dims For Fed Cuts
Holden Lewis, NerdWallet.com
Wed, 05/01/2024 - 11:39am
BING NEWS:
- Fed seen more likely to cut rates in Sept after PCE data
The Federal Reserve is more likely to deliver a long-awaited rate cut in September after a U.S. Commerce Department report showed inflation made a bit of progress toward the Fed's 2% goal last month ...
05/31/2024 - 11:04 am | View Link - The Fed indicated rates will remain higher for longer. What does that mean for you?
The Federal Reserve’s decision Wednesday to keep its benchmark rate at a two-decade high should have ripple effects across the economy.
05/30/2024 - 2:17 pm | View Link - The Fed indicated rates will remain higher for longer
Mortgage rates, credit card rates, auto loan rates and business loans with variable rates will all likely maintain their highs, with consequences for consumer spending, after the Federal Reserve ...
05/30/2024 - 9:28 am | View Link - Interest rates could stay high 'indefinitely,' says Minneapolis Fed president Kashkari
The Federal Reserve has made no secret of its plan to keep interest rates higher as it seeks to tame inflation coming out of the COVID-19 pandemic, but it's now looking like rates could stay higher ...
05/28/2024 - 3:25 pm | View Link - High Interest Rates Here To Stay? Fed Minutes Reveal Disinflation Takes 'Longer Than Previously Thought'
Fed minutes reveal uncertainty about inflation progress, support for restrictive rates. Market reactions include slight uptick in yields and cautious risk sentiment.
05/22/2024 - 9:22 am | View Link - More
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