After hitting a peak of 7.04% in January 2025, mortgage rates have retreated, but the decline has been sluggish, as rates ...

Of course, the FOMC can change interest rates as needed ... the FOMC follows a scheduled calendar of eight meetings per year. May will be the third scheduled meeting of 2025.

That could change, though. After all, while CD rates are influenced by a variety of factors, the Fed rate is key among them.

Sun, 09 Mar 2025 05:55:04 GMT Traders have been anxiously awaiting the September Federal Open Market Committee rate decision since ... t be any major policy changes announced, but market jitters ...

The Federal Reserve meets for its second two-day rate-setting session of 2025 ... changes to the federal funds target rate, are announced to the public at the conclusion of the FOMC meeting ...

Most analysts expect no change to FOMC policy at the meeting this week, keeping the target range at 4 1/4 to 4 1/2 percent. Market participants currently expect the FOMC to be on hold at the March and ...

For the week of March 31, the calendar boasts $875 million ... The median Fed funds forecast did not change, but some FOMC participants believe the rate will have to remain higher for longer." ...

The dollar fell back from its best levels Wednesday afternoon when the Fed’s dot-plot still projected two 25 bp rate cuts by the end of this year. Also, the FOMC cut its US 2025 GDP forecast ...

measure of inflation also ticked higher to a range of 2.7% and 2.8% for 2025 (from 2.5% to 2.6% previously). FOMC members also revised their forecast for the unemployment rate higher for the year ...