Tag #Federal Reserve

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Fed Holds Rates Steady; Impact on Mortgage Rates Remains Uncertain

The Federal Reserve maintained its benchmark interest rate at its May meeting, marking the third consecutive pause, while average 30-year fixed mortgage rates hover near 6.9%, significantly higher than recent years' averages, impacting prospective homebuyers.

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High Borrowing Costs Drive Demand for HELOCs Amidst Fed Rate Stalemate

Due to the Federal Reserve's maintained federal funds rate in 2025 to combat inflation, borrowing costs increased; however, HELOCs are becoming a popular option despite variable interest rates, leading to the need for careful affordability assessment by borrowers.

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US Consumer Sentiment Remains Low Amidst Trade War Uncertainty

Consumer sentiment in the US remained at 52.2 in May, the fourth lowest since 1952, despite a temporary pause on some tariffs, reflecting uncertainty around the ongoing trade war and impacting economic policy decisions.

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Trump Criticizes Powell Again, Raising Concerns About Fed Independence

President Trump met with Federal Reserve Chair Jerome Powell on Thursday to criticize his interest rate policies, despite Powell affirming the Fed's decisions are based solely on economic data, not political pressure; this follows months of public attacks and raises questions about the Fed's indepen...

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U.S. Inflation Slows Amidst Tariff Uncertainty

U.S. inflation slowed to 2.1% in April, the lowest since September, despite earlier concerns about President Trump's tariffs, which were largely struck down by a court. Incomes rose 0.8%, partly due to increased Social Security benefits, while consumer spending decreased to 0.2% from 0.7% in March.

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Fed Holds Steady on Rates Amid Uncertainty Over Trump's Policies

The Federal Reserve is maintaining its wait-and-see approach on interest rates due to uncertainty surrounding President Trump's economic policies, with the risk of a recession deemed nearly as likely as the baseline forecast, despite a currently solid labor market and moderately restrictive monetary...

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HELOC Rates and the Federal Reserve's Impact

As of March 2025, the average U.S. home equity is \$313,000, with current HELOC interest rates at 8.14%; experts predict one to two rate cuts in the second half of 2025, following Federal Reserve decisions, impacting homeowner borrowing costs.

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FOMC Expected to Hold Interest Rates Steady Amid Tariff Concerns

The Federal Open Market Committee (FOMC) is expected to hold interest rates steady at 4.25% to 4.5% at its June 11 meeting, primarily due to the current economic stability, despite ongoing concerns about the impact of tariffs on inflation and unemployment and President Trump's continued calls for lo...

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Fed Holds Rates Steady Amid Tariff Uncertainty

The Federal Reserve's May 2025 meeting minutes revealed a decision to hold interest rates steady, despite increased inflation projections linked to tariffs, due to concerns about employment and uncertainty surrounding future trade policy. The staff projects inflation to decrease to 2 percent by 2027...

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Trump Criticizes Fed Chair Powell Over Interest Rates in First Meeting Since Reelection

President Trump met with Federal Reserve Chairman Jerome Powell on Thursday to criticize the Fed's interest rate policy; Powell rebuffed Trump's demands, emphasizing data-driven decision-making, despite Trump's past calls for Powell's dismissal and recent Supreme Court rulings on independent agencie...

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Gold Price Volatility Expected Based on June 2025 Economic Reports

Gold prices, currently at $3,300 per ounce, are expected to fluctuate based on the June 6 unemployment report, June 11 inflation report, and the June 17-18 Federal Reserve meeting, potentially impacting investor decisions.

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Fed Likely to Hold Interest Rates Steady Amid Economic Uncertainty

Federal Reserve officials are 97.8% likely to maintain the federal funds rate target range at 4-1/4 to 4-1/2 percent at their June 18 meeting due to highly uncertain economic conditions, balancing strong employment with persistent inflation risks.

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Showing 385 to 396 of 918 results