The Fed decision's lone dissenter worries the bigger rate cut sends a 'premature victory' message to markets
On Wednesday, the Fed decided on a 50-basis-point cut that brought the Fed's policy rate to a range of 4.75% to 5%. The vote was 11 to 1 in favor of the cut, and Bowman's dissent was the first by a ...
Mortgage Interest Rates Today, September 21, 2024 | Why Did Rates Increase?
These are today's mortgage and refinance rates. Mortgage rates have increased a bit in response to stronger-than-expected ...
The Fed Just Made a Pivotal Rate Cut. What Will It Do Next?
After the Fed’s pivotal interest rate cut this week, policymakers face the question of how much further to reduce borrowing ...
US rate cuts provide ‘direction’ for Australia
KPMG Chief Economist Dr Brendan Rynne says the rate cuts in the US provide “direction” for Australia. The US Federal Reserve ...
Trump condemns Fed rate cut as a ‘political move’ destined to fail
It really is a political move. Most people thought it was going to be half of that number, which probably would have been the ...
SH: An Effective Market Hedge With Hidden Income
The ProShares Short S&P500 ETF (SH) can provide high income and hedge against market declines, delivering strong returns even ...