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 ...
Michael Reid, the US Economist at RBC Capital Markets, says the Fed is still on track for a rate cut in December.
Many economists still expect another quarter-point cut ahead in December. But expect more debate on the Fed's path in 2025.
Schmid said the Fed's decision last week to cut interest rates by 25 basis points reflected their confidence that both the ...
Despite the increase in rates, some home buyers were returning to the market, according to the Mortgage Bankers Association.
Earlier on Thursday, mortgage rates rose again for the sixth consecutive week, hitting a four-month high of 6.79%, according ...
Though the Federal Reserve has been cutting interest rates, mortgage rates have been increasing or holding steady. When will ...
The Federal Reserve cut interest rates by a quarter point, the second reduction this year. A combination of strong data and ...
The Fed lowered rates by 25 basis points to a 20-month low, but economists say tariffs may throw a wrench in the rate cutting ...
The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It ...
The Federal Reserve cut interest rates by a quarter of a percent as inflation begins the path to stabilization.