All articles tagged with #fed interest rate cut
Despite the Federal Reserve cutting interest rates by 25 basis points, mortgage rates increased slightly due to market expectations and the 10-year Treasury yield trending higher, indicating ongoing volatility and uncertainty about future rate movements.
The Federal Reserve is expected to cut interest rates by a quarter point, the first since December, amid mixed economic signals and political pressure, with key focus on the 'dot plot' projections and potential dissent among policymakers.
Most Asian stock markets extended gains with Japan and South Korea reaching record highs amid expectations of a U.S. interest rate cut, while Chinese stocks declined due to trade tensions and regulatory concerns, amid ongoing U.S.-China trade negotiations.