WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next year than it previously envisioned, mostly because of still ...

The impact of interest rate reductions will help small and mid-sized banks, which had big exposure in commercial real estate because their portfolios were at fixed rates. As interest rates come down, the market values of the portfolios will improve, which provides relief for them, since they have suffered a lot over the past two years.

Caveat Emptor? Federal Reserve Rate-Easing Cycles Have Historically Served as an Ominous Warning for Wall Street.

The Federal Reserve's policymakers announced that they will cut the benchmark federal funds rate by a quarter point in December, marking the central bank's third straight cut.

The Federal Reserve on Wednesday moved to lower its benchmark rate by 0.25 percentage points, but said it plans fewer cuts in 2025.

Quantitative tightening at the Federal Reserve may keep upward pressure on 30-year fixed mortgage rates for the foreseeable future.

The Federal Reserve announced another interest rate cut, reducing its benchmark rate by .25 percentage points. CBS News business analyst Jill Schlesinger has more on the move.

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

Although experts optimistically predicted rates would fall close to 6% by the end of 2024, projections have changed significantly. Fannie Mae now expects average 30-year fixed mortgage rates to hold above 6.5% until early 2025.

The Fed has now cut interest rates three times since September due to a decline in the rate of inflation and some modest weakness in the jobs market. Lower rates are usually good for stocks for a number of reasons (more on those later), but this particular cut was met with a wave of selling among investors.

The Federal Reserve is dropping interest rates, but with mortgage rates now going up, it can still be a tricky time to buy.