There's little to keep the stock market down as retiring boomers share their wealth
The resulting positive wealth effect is undoubtedly boosting consumer spending, especially of retiring baby boomers, who are enjoying the windfalls in the value of their stock portfolios and homes.
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Mortgage Predictions: What's Next for Rates After Trump's Inauguration
Federal Reserve Governor Christopher Waller said Thursday that he is optimistic ... The central bank made three interest rate cuts in 2024, and investors are now betting on another rate reduction ...
Here's When the Fed Is Likely to Cut Interest Rates Again, and What It Means for Stocks
Since the FOMC is responsible for setting interest rate policy at the Fed, Wall Street watches each SEP very closely. In the September SEP, the FOMC forecast five potential interest rate cuts in 2025, ...