At least for now. Trump, who appointed Powell as Fed chair, weighed firing him in a disagreement over interest rates in 2018.
Several Federal Reserve officials Wednesday reiterated their deep uncertainty over how far the central bank will need to ...
Schmid said the Fed's decision last week to cut interest rates by 25 basis points reflected their confidence that both the ...
After climbing an eighth of a point the previous day, rates on 30-year mortgages held steady Wednesday. But 15-year and jumbo 30-year rates eased lower.
Mortgage rates, while still elevated, have fallen into the 6% to 7% range and should continue easing at a slow pace. But the ...
Rising US debt and economic headwinds suggest that further rate cuts may not effectively lower Treasury rates or other loan ...
When the Federal Reserve lowered its benchmark interest rate by half a percentage point in September, it wasn't a ...
Over the last couple of years, interest rates have fluctuated quite a bit. After plummeting to record lows in 2020, they made ...
Inflation increased to 2.6% in October, rising modestly from the previous month, according to the Consumer Price Index (CPI) ...
U.S. inflation rose 2.6% on an annual basis last month, representing an uptick from September when the Federal Reserve began ...
October inflation readings out this week have shown little progress toward the Fed's two percent inflation target, putting ...
The wait is on for fresh consumer inflation data as investors weigh whether a Donald Trump White House would whip up price ...