The Federal Reserve cut its benchmark interest rate by 50 basis points on Wednesday, but prospective car buyers hoping that will bring down the cost of loans shouldn’t hold their breath, experts say.
An interest-rate cut by the Federal Reserve could result in more homes being listed on the market, as more homeowners may feel compelled to sell their property, real-estate experts say. Recent ...
It may not have been a surprise, but the interest rate cut the Federal Reserve issued on Wednesday was still a welcome development for millions of Americans. In the first reduction since December 2024 ...
Those who bought homes in the past few years have a call to make after the Federal Reserve’s hefty rate cut: Look to refinance their mortgages now, or wait for a better deal in a future cut. The ...
Forbes contributors publish independent expert analyses and insights. Decision-makers at the Federal Reserve usually monitor issues connected to their dual mandate to keep employment high and ...
Former President Donald Trump's latest populist economic salvo has given credit card issuers a new headache, even though experts are dismissive of its chances. The Republican presidential nominee's ...
Learn how interest rates affect savings, borrowing, and the economy, impacting personal and business finances. Discover their ...