But if inflation continues to inch upward, the central bank may decide it needs to leave rates high to avoid a repeat of ...
Thinking about taking out a mortgage loan? Current mortgage rates fall to 6.88% for 30-year terms, while 15-year terms ...
Mortgage rates aren’t directly tied to the federal funds rate like savings and CDs. Instead, they’re tied to the 10-year ...
U.S. retail sales rose firmly again last month, Commerce Department data indicated Friday, suggesting consumer spending and ...
Wall Street was headed for more losses before the opening bell on Friday and is on track to log its third losing week out of ...
Stepping back from the day-to-day volatility, the bottom line is that interest rates are going to move lower, said Chicago Fed President Austan Goolsbee, on Friday. "As long as we keep making progress ...
Donald Trump’s choice to run the Department of Health and Human Services spooked investors who worry what Kennedy would do.
Speaking in Dallas, Powell noted the economy’s resilience, stating there’s “no hurry to lower rates.” The Fed had previously ...
In September, the Federal Reserve lowered its benchmark interest rate by half a percentage point. That was then followed by a ...
These are today's mortgage and refinance rates. Mortgage rates have increased in recent weeks and remain high today thanks in ...
Faced with another monthly round of stubborn inflation and uncertainty about fiscal, tariff and immigration policy ahead, the ...
“Biden/Harris don’t bear primary blame for the inflation,” said Jeffrey Frankel, a Harvard University economist. “Primary ...