Bitcoin approaches first weekly decline since Donald Trump’s victory, Fed policy dampens optimism
Bitcoin is heading towards its first weekly decline as a cautious Federal Reserve policy outlook tempered optimism from Donald Trump’s victory in the US presidential election. Republican presidential candidate former President Donald Trump speaks at the Bitcoin 2024 Conferenc, July…
Tatiana Bailey: Uncertainty in the Federal Reserve’s path | News
Last week, the Federal Reserve reduced interest rates by 0.25 percentage points, marking the third consecutive rate cut. The move was largely expected, but what I find interesting are the revised forecasts from the Fed for the U.S. economy for…
The Federal Reserve Admits They Think Inflation Is About To Go Up
US Federal Reserve Chairman Jerome Powell gestures as he speaks at a press conference after the … [+] Monetary Policy Committee meeting in Washington, DC, on December 18, 2024. The US Federal Reserve cut interest rates by a quarter point…
What does the Fed rate cut mean for mortgage rates?
Fed cuts rates by a quarter point, says pace of cuts to slow Fed Chairman Jerome Powell announced another rate cut, but signaled that the pace of cuts moving forward will be slower. For Jill Comfort, a broker who owns…
As Fed lowers interest rates, ‘staggering low’ inventory of homes available in northeast Santa Rosa
Northeast Santa Rosa – the North Bay’s broadest submarket – saw the introduction of only 21 new single-family homes for sale in November – 56% fewer than this same period a year ago. Once again, The Federal Reserve has decided…
How the Federal Reserve’s rate policy affects mortgages
The Federal Reserve lowered its interest rate target three times in 2024. This has many Americans waiting for mortgage rates to fall. But that may not happen for some time. “I think the best case scenario is we’re going to…
Federal Reserve to Own Bitcoin? Lummis Proposes Change
In an interview with Yahoo Finance, US Senator Cynthia Lummis of Wyoming outlined a proposal to grant the Federal Reserve the authority to hold Bitcoin as part of the United States’ official reserves. She argues that this approach could improve…
The Fed Has Lowered Rates Again. Does That Mean 2025 Mortgage Rates Will Fall?
Key Takeaways The Federal Reserve on Wednesday announced its third consecutive rate cut, lowering its benchmark interest rate another quarter point. But the Fed’s rate is just one in a tangle of factors that move mortgage prices. In fact, the…
US Federal Reserve Board announces new appointments to its Insurance Policy Advisory Committee
The US Federal Reserve Board has announced seven appointments to its Insurance Policy Advisory Committee (IPAC), consisting of three new faces alongside four returning members. The new appointments include Jonathan Kelly, Partner at Sidley Austin; Paul Kim, Head of Commercial…
Fed Officials Strike An Optimistic Tone After Slashing Rate Cut Forecasts
Key Takeaways Chicago Federal Reserve Bank President Austan Goolsbee said interest rates would be lowered by a “fair amount” next year in some of the first comments from central bankers after last week’s projections disappointed investors. Markets jumped on the…