Will mortgage rates rise after this week's Fed meeting?
CBS News - 2024-04-29T14:54:45.000Z

All eyes will once again turn to the Federal Reserve this week as they meet to discuss the next steps with interest rates and economic policy. Specifically, will they raise rates above their current 23-year high? Or will they keep them steady following a series of disappointing inflation reports at the start of 2024? After all, rate cuts that seemed promising at the beginning of the year now seem off the table, possibly for the rest of the year. And while the Fed doesn't directly dictate rates...

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When will the Fed begin to cut interest rates? It’s a mystery
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. Nowadays, it’s anyone’s guess when the Federal Reserve will begin to cut interest rates this year — if at all. Fed officials are meeting this week, starting Tuesday, to discuss rates and set policy. They’re widely expected to hold rates steady for the sixth straight meeting. But analysts...
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- 2024-04-30T11:45:27.146Z
Could the Fed cut interest rates based on this week’s economic data?
The Federal Reserve will be watching jobs and unemployment numbers, as well as a manufacturing index and other private sector reports.
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- 2024-04-29T21:57:10.000Z
U.S. Fed to meet amid dwindling hopes of summer rate cuts
WASHINGTON — The U.S. Federal Reserve is highly likely to keep interest rates unchanged later this week, as policymakers contend with a recent uptick in inflation that has sharply cut the chance of a summer start to interest rate cuts. The Fed's decision to hike interest rates and then hold them at a 23-year high has helped to significantly lower elevated inflation, although it remains stuck firmly above the U.S. central bank's long-term target of two percent.
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- 2024-04-28T04:19:31.000Z

In related news

When will the Fed begin to cut interest rates? It’s a mystery

Could the Fed cut interest rates based on this week’s economic data?

U.S. Fed to meet amid dwindling hopes of summer rate cuts