Fed's interest rate cut could boost car sales
Fed's long-awaited rate cut raises hopes for home, auto sales
The half-point reduction is expected to kick off a series of reductions extending into 2025, providing relief for prospective car and home buyers.
Central Indiana sees higher pending home sales in August, as Fed rate cut boosts demand
Lower interest rates mean cheaper monthly payments, but they also entail more competition. Here's what experts in central Indiana are watching for.
Mortgage rates drop to lowest since early February 2023 after Fed’s jumbo interest rate cut
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month. But much more housing demand will likely be unleashed onto the market after the Federal Reserve finally cut interest rates this week for the first time in four years — and signaled more rate cuts by year’s end.
Retail sales rise again and show U.S. economy still on solid ground ahead of Fed rate cut
Sales at retailers rose slightly in August in a sign of resilience among U.S. households, suggesting the U.S. economy is still on solid footing as the Federal Reserve plots to cut interest rates.
Prediction: The Fed's Rate Cut Could Actually Hurt This Artificial Intelligence (AI) Stock
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Fed Rate Cut Could Speed Up Some Annuity Sales
The cut sets the federal funds rate target range at 4.75% to 5%. The effect could be especially good for variable and indexed annuities, because many consumers now hold contracts issued when interest rates were very low, he said.
Home Depot and Lowe's are already seeing the first of many likely benefits from the Fed's rate cut
Share prices for Home Depot and Lowe's are riding high following the Fed's interest rate cut, which is likely to spur home improvement spending.
See how the Fed rate cut is already impacting the area’s housing market
Pending sales and new listings of homes in the Baton Rouge area continued to decline in August. Still, there could be a light at the end of the tunnel after the Federal Reserve announced a cut in … Already an INSIDER?
The Fed Rate Cut May Give Harris a Boost – but Just a Small One
How much it will reshape the 2024 White House race is unclear, but it may pay a small dividend to Vice President Kamala Harris. That’s because the reduction – a signal of optimism from the central bank that the war on inflation is being won – could mean smaller payments on things like credit cards and car loans,
Homebuilder Stocks Rise as Fed Rate Cut Looks Good For Mortgages
Key Takeaways Homebuilders shares rose after the Fed announced a 50 basis point interest rate cut Wednesday. Bank of America increased its price target for seven hombuilders by an average of 11%. Lennar will report earnings after the bell Thursday,
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What does the recent Fed decision mean for the local real estate market?
By Tyler Bernadyn and curated by Cam Stewart, Senior Loan Officer, Shamrock CMG Home Loans You might have seen news about the ...
European Stocks Advance as US Retail Sales Increase Ahead of Fed
European stocks advanced along with US stocks after the region’s retail sales data pointed to resilient consumer demand, ...
Fed blackout period will lift with Waller's CNBC appearance on Friday
The U.S Federal Reserve's blackout period on public comment around meetings of the central bank lifts on Friday after a key ...
August Retail Sales Beat. Why It Won’t Be a ‘Game Changer’ for the Fed.
Spending rose at a faster clip than expected in August as American consumers once again proved their hardiness against ...