Browsing: rate

Starting Nov. 1, 2025, the rewards rate on the Alliant Cashback Visa® Signature Credit Card is dropping to 1.5% cash back on all purchases. That number…

Minneapolis Federal Reserve President Neel Kashkari said Friday that he expects President Donald Trump’s tariffs to exert minimum long-term pressure on inflation, leaving room for multiple…

Key insight: The Federal Reserve’s move to cut rates was bolstered by growing concern over a softening labor market.Expert quote: “Almost everyone wrote down support for…

As I anticipated (and probably many others too), mortgage rates moved higher after the Fed rate cut this afternoon.Everyone knew the Fed was going to cut…

U.S. Federal Reserve Chair Jerome Powell walks away at the end of a press conference, following the issuance of the Federal Open Market Committee’s statement on…

Key insight: Bank stocks rose Wednesday after the Fed announced plans to cut the federal funds interest rate by one-quarter of a percentage point.What’s at stake:…

What’s at stake: The Federal Reserve’s interest rate-setting body is expected to cut the federal funds rate by 25 basis points, but markets are also listening…

Mortgage rates had another winning day today on the eve of the big Federal Reserve rate decision.This one was kind of unexpected since there was no…

Federal Reserve Chairman Jerome Powell speaks at Jackson Hole on Aug. 22, 2025 in Wyoming.David A. Grogan | CNBCThe Federal Reserve meets this week with some…

There’s a saying known as “sell the news,” in which traders position themselves on a well-known rumor, then unwind once the news hits.That rumor could be…