The Fed just cut interest rates again, this time by a quarter of a percentage point [FOX Business Network]
Federal Home Loan Mortgage Corporation (FMCC)
NASDAQ:AMEX Investor Relations:
freddiemac.com/investors
Company Research
Source: FOX Business Network
The Fed lowered rates by a quarter of a percentage point to 4.5% to 4.75%. The decision came on the heels of the lowest rise in inflation since 2021. The Consumer Price Index (CPI) technically increased by 0.2% in September , but this rise was minimal compared to what consumers have seen in the last few years. "Unexpectedly low October job growth came on the heels of better-than-expected labor market data in September that has since been revised lower," Realtor.com Chief Economist Danielle Hale said in a meeting about the cuts. "These data remind decision makers that it is important to consider broad trends rather than any single piece of information. As a whole, the totality of the data suggests that the labor market continues to slow, and the risks of cooling too fast or too slow are likely more balanced than was thought in early October," Hale said. Back in September, the Fed initially cut rates by half a percentage point to 4.75% to 5%. Both rate cuts were in response to i
Show less
Read more
Impact Snapshot
Event Time:
FMCC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FMCC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FMCC alerts
High impacting Federal Home Loan Mortgage Corporation news events
Weekly update
A roundup of the hottest topics
FMCC
News
- Greystone Management Solutions Restructures as the Greystone Real Estate Advisory Group [Yahoo! Finance]Yahoo! Finance
- What the Fed's interest rate cuts mean for your money [CNN]CNN
- What the Fed's interest rate cuts mean for your money [CNN]CNN
- What the Fed's interest rate cuts mean for your money [CNN]CNN
- Fed Cut Interest Rates, So Why Do Mortgage Rates Keep Climbing? [Forbes]Forbes
FMCC
Sec Filings
- 11/6/24 - Form ABS-15G/A
- 11/6/24 - Form ABS-15G/A
- 11/6/24 - Form ABS-15G/A
- FMCC's page on the SEC website