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Traders appeared more certain that the Federal Reserve will cut interest rates at its monetary-policy meeting next month as Fed Chair Jerome Powell delivered remarks Friday at the annual Jackson Hole Economic Policy Symposium in Wyoming.
The Fed is hesitant to change interest rates largely due to one factor uncertainty over President Donald Trump's tariffs. The Fed says most economic data are in *** good place. Inflation has come down significantly from *** post-pandemic spike,
Ken McElroy on MSN6d
fed funds rate and impact on gdp
Ken McElroy discusses how the Fed's funds rate impacts the GDP. He explains how reducing the rate in 2020 created an economic boom and asset bubbles.
Yields on U.S. money-market funds have been easing back this year in anticipation of the Federal Reserve resuming rate cuts, with yields last spotted around 4%, according to BofA Global rates researchers.
"HELOC interest rates are generally structured as prime plus a margin," Debbie Calixto, sales manager at mortgage lender loanDepot, says. The federal funds rate influences the prime rate, while the margin reflects an additional percentage based on your credit score and loan details.
The two Federal Reserve policymakers who dissented against the U.S. central bank decision's to leave interest rates unchanged last month appear not to have been joined by other policymakers in voicing support for lowering rates at that meeting,
One of the biggest factors influencing current CD rates is the federal-funds rate. As the Federal Reserve began cutting its benchmark rate toward the end of 2024, CD rates fell in response. However, the July 2025 decision to once again keep the Fed rate steady is likely to result in relatively stable CD interest rates for now.
Strategists questioned the Treasury Secretary's recent comments asserting that Federal Reserve policy overshoots models by more than a percentage point.