The Federal Reserve has cut interest rates, possibly for the last time for a while. What's the best move home buyers and homeowners can make right now — and what could be a costly mistake?
President Trump wants substantially lower borrowing costs, but officials at the central bank appear ready to resist delivering further cuts if the economic backdrop does not warrant it.
The Federal Reserve voted to cut interest rates Wednesday by another quarter percent, in an effort to prop up a sagging job market. Fed officials warned they'll be cautious about more cuts in 2026.