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Home loan demand reached the highest level in more than three years and refinance applications moved higher following a dip in interest rates.
Today's unique economy may be difficult to navigate for credit card users, but there are solutions worth exploring.
The highest money market account rate available today is 4.35% Changes from the Fed or your bank can quickly change money market rates Online banks typically offer the most competitive yields on the market Current Money Market Rates The current average money market rate is 0.
A federal judge has temporarily blocked President Donald Trump's attempt to fire Lisa Cook from the Federal Reserve Board of Governors.
Fed expected to cut rates next week as markets price in 95% chance. Analysts say easier policy could unlock liquidity for crypto breakout. This week’s Bitcoin ETF inflows topped $1.7 billion.
Fact Check: Trump Wants to Lower Interest Rates by Stacking the Fed with Loyalists – Can He Do That?
If the president succeeds in ousting Fed Governor Lisa Cook, his appointees would soon make up a majority of the Federal Reserve Board. That could give him greater influence over the central bank.
US inflation rose in August at the fastest pace since the beginning of the year ahead of a key Federal Reserve meeting where it will decide whether to cut or hold interest rates. Consumer prices 2.9% in the year to August, up from 2.7% the previous month, according to the latest figures from the US Labor Department.
Morgan Stanley and Deutsche Bank expect the U.S. Federal Reserve to deliver interest rate cuts at all its three meetings this year, following data this week showing more modest inflation pressures.
The average rate on 30-year fixed home loans registered at 6.50% for the week ending Sept. 4, down from 6.56% last week.