The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's ...
Borrowers hoping for more financial relief from the Federal Reserve may have a wait on their hands, as the central bank is ...
The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to ...
The federal funds rate and mortgage interest rates are often expected to move together, but they haven’t lately. Here’s why.
The unemployment rate, which is derived from a separate survey, declined to 4% from 4.1% the prior month. Economists expected ...
Some have interpreted the memo as a ploy to divert federal funding away from blue states, like Massachusetts, and direct it to red states.
Traders in the federal-funds-futures market were pricing in a greater probability that the Federal Reserve may keep its rate-cutting cycle on pause at its next meeting in March, as they assessed the ...
Thursday, keeping the average near its lowest level since mid-December. Rates for some refi loan types saw bigger increases.
Fed Chair Jerome Powell says, “We do not need to be in a hurry to adjust our policy stance.” ...
Generally, when inflation is high and the economy is in overdrive, the Fed tries to pump the brakes by setting higher ...
While in the past Trump has implored the Fed to cut its benchmark rate, Bessent said the current strategy is using the levers ...