Underlying US inflation probably cooled only a touch at the close of 2024 against a backdrop of a resilient job market and ...

The Federal Reserve might be unable to lower its benchmark lending rate until late in the autumn, market-derived data ...

These are today's mortgage and refinance rates. The economy has remained strong in recent months, keeping mortgage rates ...

Long-run inflation expectations soared to 3.3 percent, the highest level since June 2008, from 3.0 percent in December.

Aside from typical day-to-day fluctuations, mortgage rates are expected to stay above 6.5% for the next few months. If ...

Market watchers can also expect to hear from several Federal Reserve speakers this week. This week, investors can look ...

"Inflation is stuck above target and risks are skewed to the upside. Economic activity is robust. We see little reason for ...

A hot December jobs report, combined with a murky inflation outlook for 2025, has some economists debating if the Federal Reserve may need to hike interest rates again.

Some economists are now contemplating what was previously unthinkable — and they are focused on the personal-consumption ...

The incoming president will inherit a full-employment economy, with consumers buoyed by solid real-income growth and ...

Former President Jimmy Carter is widely acknowledged as a hardworking man who accomplished much after the presidency, but he ...

Should the Reserve Bank downwardly revise its 4.5 per cent estimate of full employment, the first reduction will happen in ...