News

Fed Cuts May Not Spark a Buying Boom—but It Could Spur More Owners To Dip Into HELOCs

Mortgage rates may stay too high for a sales surge, but Fed cuts could make HELOCs cheaper—unleashing trillions in equity for ...

Lower borrowing costs not guaranteed even with aggressive Fed rate cuts: Morgan Stanley

Craig Brandon of Morgan Stanley Investment Management reacts to US President Donald Trump's firing of Fed Governor Lisa Cook ...

Fed Chair Jerome Powell Signals September Rate Cut in Jackson Hole Speech, Saying 'Balance of Risks' Is Shifting From Inflation to Layoffs

Powell delivered the guidance in a highly anticipated speech on Friday at the central bank's annual symposium in Jackson Hole ...

Wall Street ramps up bets on September rate cut after Powell's dovish tone

Brokerages are adding a September rate cut to their forecasts after Federal Reserve Chair Jerome Powell signaled the central bank could ease policy next month.
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Crude Prices Supported by Geopolitical Risks and Possible Fed Rate Cut

October WTI crude oil (CLV25 ) today is up +0.98 (+1.54%), and October RBOB gasoline (RBV25 ) is up +0.0083 (+0.42%). Crude ...

Mortgage Costs Weigh On Buyers as Fed Signals Rate Cut: What It Means for Housing

Jerome Powell has suggested policy shifts may be coming-and for the housing market, costs remain a critical pressure point.

TSX opens lower after Fed rate cut-driven rally; big bank earnings on tap

Canada's main stock index opened lower on Monday, pulling back from a record high hit after U.S. Federal Reserve Chair Jerome ...

Jefferies' David Zervos: 'No reason' for Fed to be waiting this long for rate cuts

David Zervos, Jefferies chief market strategist, joins CNBC's 'Closing Bell' to discuss Fed Chair Jerome Powell's dovish ...