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Market observers who spoke to ABC News said they expect both price increases and mortgage rates to ease in 2025 -- but only a smidge. The average rate for a 30-year fixed mortgage stands at 6.85% ...
If Trump’s economic policies cause more inflation, it could force the Fed to tap the brakes and pull back any expected interest rate cuts. The new administration could make some new noise about ...
Based on September's dot plot, rates will continue to drop in 2025. The median projections had interest rates coming down by 1 percentage point in 2024, 1 percentage point in 2025, and half a ...
In their most recent set of quarterly projections in September, Fed officials anticipated cutting the benchmark rate by another full percentage point to put it at around 3.4% by the end of 2025.
The Federal Reserve's third interest rate cut of the year will likely have consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses. The ...
The Federal Reserve slashed interest rates as expected Wednesday, but signaled fewer cuts than originally forecast for 2025 — sending the Dow spiraling more than 1,100 points. The Fed cut rates ...