Tag: basis points
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The Fed Went Big With Its First Rate Cut—Here’s What Markets Think Will Happen Next
Key TakeawaysTraders raised bets that the Federal Reserve would continue to aggressively cut interest rates later this year after the Fed delivered a larger-than-average...
Why a 25bps cut is easier for Powell to defend than a 50
Shortly after the Federal Open Market Committee reveals its decision on interest rates, Fed Chairman Jerome Powell will answer questions from reporters.Former Wall Street...
Stock market today: Stocks close mixed as investors gear up for major Fed rate decision
Indexes were mixed Tuesday after the S&P 500 touched a fresh record high intraday.Investors are waiting for the Federal Reserve's interest rate decision on...
Mortgage and refinance rates today, September 17, 2024: Rates fall before the Fed meeting
Mortgage and refinance rates are down across the board today. According to Zillow data, the national average 30-year mortgage rate is down nine basis...
A larger Fed cut wouldn’t spark worry — but a smaller one might: Morning Brief
This is The Takeaway from today's Morning Brief, which you can sign up to receive in your inbox every morning along with:The debate about...