Tag: basis points
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US economy in very ‘rare,’ historical moment: Deutsche Bank’s Chadha
Federal Reserve Chair Jerome Powell struck a cautious tone for 2025 in the press conference following the central bank's decision...
Mortgage and refinance rates today, December 20, 2024: Rates are higher than last December
Mortgage rates have increased this week. According to Freddie Mac, the 30-year fixed mortgage rate rose 12 basis points to...
S&P 500 Sees Worst Fed Day Since 2001; Yields Up: Markets Wrap
(Bloomberg) -- The Federal Reserve jarred US markets Wednesday, pushing stocks lower and sending Treasury yields soaring, after forecasting fewer...
Stock market today: Dow, S&P 500, Nasdaq clobbered as Fed, Powell signal fewer rate cuts in 2025
Stocks were clobbered Wednesday after the Federal Reserve, despite slashing interest rates by 25 basis points, signaled it would cut...
Stock market today: Dow, S&P, Nasdaq slide as Fed cuts rates, signals 2 more reductions in 2025
The Federal Reserve lowered interest rates on Wednesday by 25 basis points to a range of 4.25%-4.5% at its final meeting of the...