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Farran Powell is the managing editor of investing at Forbes Advisor. She was previously the assistant managing editor of investing at U.S. News & World Report. Her work has appeared in numerous ...
Traders are pricing in three quarter-point cuts by the Fed this year, with the first one expected in September. “Behind the mood is the nagging fear that bad news for the economy won’t be met ...
In 2022 and 2023, the Fed aggressively raised its benchmark rate to combat record-high inflation. This caused mortgage rates to reach two-decade highs. But now that inflation has decelerated and ...