New York Fed President John Williams said Monday that more interest-rate cuts will be needed, but that the right timing would depend on upcoming data.
A top Federal Reserve official says he is leaning toward supporting an interest rate cut when the Fed meets in two weeks but ...
Average rate on a 30-year mortgage eases in the US, though it remains near 7% after recent run-up.
The 12-month core rate moved up to 2.8% from 2.7% to mark the first increase since June. The Fed views the core rate as a more accurate measure and a better predictor of future inflation. The elevated ...