Short-term U.S. interest rates are likely to be lower on Inauguration Day in 2025 than they are on Election Day, and that means the U.S. Federal Reserve almost certainly will continue to cut the benchmark federal funds rate — not just this week but at its December meeting as well.

With the Fed managing a soft landing, interest rates may come back down just as quickly as they went up. Read more here.

The central bank continued to ease, but a new administration in Washington clouds the outlook for future policy moves.

The housing crisis is a genuine concern for younger generations, and many hoped that months of cooling inflation would drive down interest rates and mortgage rates. Lower mortgage