A third Fed rate cut since July would shave borrowing costs on credit cards, home equity lines and other debt. Savers will be pinched.       

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  • 3 things to do if interest rate cuts are delayed, according to experts
    Now, borrowers looking forward to reduced interest rates may have to wait before any anticipated rate cuts occur. But while borrowers may exhale in frustration, savers may sigh in relief. The longer ...
    04/25/2024 - 1:26 am | View Link
  • The Fed Might Not Lower Interest Rates in 2024. Here's What That Means for CD Rates
    So, the short answer is that fewer rate cuts would likely keep CDs at their elevated levels for longer. The same can be said for savings account interest rates. So, when the Fed finally ends up ...
    04/25/2024 - 12:45 am | View Link
  • Polymarket Traders See 32% Chance of No Fed Rate Cuts This Year
    Traditional markets have scaled back expectations to two 25 basis points rate cuts from six in early January. The probability that the U.S. Federal Reserve (Fed) will keep interest rates unchanged ...
    04/19/2024 - 7:21 am | View Link
  • Are Rates High Enough? Fed Resets Clock on Interest-Rate Cuts
    (Bloomberg) — A string of disappointing inflation data has forced the Federal Reserve to reset the clock on its first interest ... to lower rates, dashing hopes for more than two cuts in 2024.
    04/18/2024 - 9:43 pm | View Link
  • Fed’s Powell: Elevated Inflation Will Likely Delay Rate Cuts
    WASHINGTON — Federal Reserve Chair Jerome Powell cautioned April 16 that persistently elevated inflation will likely delay any Fed interest rate cuts until later this year, opening the door to a ...
    04/16/2024 - 3:37 pm | View Link
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