Don't count on mortgage rates falling just yet. A Fed official says interest rate cuts may only come in the summer.
Atlanta Fed President Raphael Bostic told CNN he expects the US inflation rate to fall to "the lower twos" only by the end of 2024. "
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Atlanta Fed President Raphael Bostic told CNN he expects the US inflation rate to fall to "the lower twos" only by the end of 2024. "
(Bloomberg) -- Bond traders are finally heeding one of the market’s oldest lessons: Don’t fight the Fed. Most Read from BloombergTrump’s NATO Remark Sparks Political Storm in World CapitalsGermany’s Days as an Industrial Superpower Are Coming to an EndTop Nigerian Banker Killed in California Helicopter CrashTesla’s Slide Has Investors Wondering If It’s Still MagnificentAs the Federal Reserve pushed through its steepest interest-rate hikes in decades, investors consistently misjudged how far it w
Falling inflation won't be what ultimately induces the Fed to cut rates, but rather a commercial real estate crisis threatening banks.
"Given the track record of the yield indicator, it is with great peril to ignore it," Campbell Harey wrote for Research Affiliates.
Federal Reserve Chair Jerome Powell stated in a recent “60 Minutes” interview that the Fed would cut rates three times this year, noting that nothing had "dramatically" changed since the December Federal Open Market Committee (FOMC) meeting projections.