Tag Archive for: fed funds

There Is No “One Rate” or “A Rate”

I have been hearing news reporters and commentators say: “…the Fed raised ‘the rate,’” over and over, as if there is a single interest that the Fed has the power […]Read More

“Fed Plans to Keep Rates at Low Levels for Years” What Are “Rates?”

This blog’s subject line is borrowed directly from this WSJ article. Fed Chairman Powell stated in early June that there are no rate increases in sight and that the Fed […]Read More

The Fed Cut Rates by 1/4 Point And Mortgage Rates Fell Marginally

The Fed cut the Fed Funds Rate by 1/4 percent yesterday, and rates…actually fell after the announcement. I was almost disappointed to see that b/c it will again confuse people […]Read More

Why Fed Rate Cuts Often Don’t Result In Lower 30-Year Fixed Rates

The Fed reduced the Fed Funds Rate by 1/4 percent and 30-year fixed rates are actually now slightly HIGHER. I have blogged about this paradox many times b/c it is […]Read More

Fed Raised Rates for 1st Time Since 2006; What Does It Mean?

Keep in mind once again that the Fed does not control long term interest rates. It influences short term rates only. The Fed Funds rate is the rate banks charge […]Read More