interest rates

Business Oct 11

Retirees With Cash Win as Fed Rate Hikes Deliver 5% Yields, Punish Borrowers

The Federal Reserve's campaign to tame inflation has created sharply different outcomes for retirees depending on whether they hold cash or carry debt.

2 min read MarketWatch

Business Oct 8

Fed Minutes Show Officials Backed September Rate Cut but Rejected Steady Series of Hikes

Federal Reserve officials supported September's rate cut as insurance against stubborn inflation but saw no case for a sustained hiking campaign, according to meeting minutes released Wednesday.

2 min read MarketWatch

Business Oct 7

Fed Survey Shows Consumers Expect 3.9% Inflation Over Next Year, Highest Since May 2023

The New York Fed's Survey of Consumer Expectations found median one-year inflation expectations jumped to 3.9% in September, while household spending growth projections hit their highest level in over a decade.

2 min read CNBC Top

Business Oct 4

Mortgage Rate Lock-In Traps Homeowners as Second-Mortgage Originations Jump 20%

Homeowners holding sub-4% mortgages are staying put rather than trading up, and many are borrowing against their equity to renovate instead.

2 min read CNBC Top

Business Oct 2

September Jobs Report Expected to Show 84,000 Gain as Labor Market Cools

Economists forecast 84,000 new jobs and a steady 4.1% unemployment rate when the Bureau of Labor Statistics releases September payroll data Friday morning.

2 min read CNBC Top

Business Oct 2

Annuity Payouts Climb as High Interest Rates Deliver Safer Retirement Income

Annuity payout rates have risen sharply alongside interest rates, giving retirees a rare chance to lock in guaranteed income that pays far more than it did three years ago.

2 min read MarketWatch

Business Sep 30

Fed's Favorite Inflation Gauge Jumps in August, Pressure Builds on Rate Policy

The core PCE price index rose sharply in August, giving the Fed fresh reason to keep interest rates elevated as it battles persistent inflation.

2 min read MarketWatch

World Sep 30

Strategist Turns Bullish on Treasurys as 5.25% Yields Offer ‘Big Fat Cushion’

Longtime Treasury bear Jim Bianco says 5.25% yields have changed his mind, calling the return a realistic baseline after years of artificially low rates.

2 min read MarketWatch

Business Sep 29

Fed's Key Inflation Gauge Expected to Hold Near 3.3% as Rate Hike Odds Grow

The personal consumption expenditures price index is forecast to show stubborn inflation in Wednesday's report, complicating the Federal Reserve's path on interest rates.

2 min read CNBC Top