A higher neutral rate could limit interest rates’ decline, Minneapolis Federal Reserve President Neel Kashkari said.

The Federal Reserve cut interest rates by 0.25% on November 7. More interest rate cuts are likely through the end of 2026.

Mortgage rates, in particular, surged last year to their highest level since 2000 but have since come down alongside inflation. But it's been a bumpy ride back to the bottom in recent weeks. What, then, does this latest Fed rate cut mean for mortgage interest rates? That's what we'll break down below.

Forecasters had expected lingering inflation in October. How will the new numbers affect the next Federal Reserve decision on interest rates?

Its annual rate rose to 4.9 per cent in October from 4.8 per cent a month earlier The October CPI data will not preclude a further quarter-point cut in December. Core inflation remained steady, and the Federal Reserve expects shelter inflation — the dominant constituent of CPI — to come down in the coming months given leading indicators of rent price increases have subsided.

A rapid slowdown in the rate of U.S. inflation appears to have lost steam, potentially raising questions about how aggressively the Federal Reserve will cut interest rates early next year.

Interest-rate jitters are weighing on markets, but a Fed official thinks inflation seems control. Here's what happens next.

U.S. inflation ticked higher in October, but stable core price pressures and tame month-on-month gains prompted a sigh of relief on Wall Street and likely supported bets for an end-of-year interest rate cut from the Federal Reserve.