US fed rate cut impact on mortgages, American home buyers, personal finance
- Posted on September 18, 2024
- By Business News Today
- 1 Views
US fed rate cut impact on mortgages, American home buyers, personal finance
The US Fed meeting today saw some impactful changes with Jerome Powell & Co announcing a whopping 50 bps rate cut, which is resulting in Treasury yields rising across the curve. This marks the Fed's aggressive start to its economy easing campaign, something that was foreseen by multiple market analysts earlier.
