Federal Reserve cuts interest rates
Everyone was expecting the Federal Reserve to cut interest rates this week and they didn’t disappoint, cutting rates by a quarter point. Fed officials have indicated more cuts are on the…
interest rates
Federal Reserve cuts key rate by sizable half-point, signaling end to its inflation fight
By CHRISTOPHER RUGABER Updated 3:18 PM CDT, September 18, 2024 WASHINGTON (AP) — The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates that helped tame inflation…
Mortgage interest rates surpass 7 percent in Mississippi
If you’re looking to buy a home right now, we have some updated numbers. The national average for a 30-year fixed mortgage jumped from 6.5 percent in February…
Fed attacks inflation with its largest rate hike since 1994
By CHRISTOPHER RUGABER WASHINGTON (AP) — The Federal Reserve on Wednesday intensified its drive to tame high inflation by raising its key interest rate by three-quarters of a point — its largest hike in nearly three decades — and signaling…