News

Goldman Sachs now expects the Federal Reserve will make its next interest rate cut in September, and not December as ...
The market is getting increasingly excited about the possibility of interest-rate cuts from the Federal Reserve, but ...
Federal Reserve Board Chair Jerome Powell defended keeping the Federal Funds Rate steady in June per the Fed’s dual mandate: ...
The U.S. central bank would likely have begun cutting interest rates again if not for the levy plan, the Fed chief said.
President Donald Trump says that tame inflation means the Federal Reserve should already be reducing its policy rate, but ...
A Fed rate cut is only one part of the calculation for borrowers looking to secure a low mortgage interest rate. That noted, waiting for an ideal time to buy comes with its own set of complications .
Prior to Wednesday's statement, about 9 in 10 economists had penciled in the September meeting for the Fed's first interest rate cut since 2020, pointing to inflation that is easing faster than ...
Federal Reserve Cuts Interest Rates for the First Time in Four Years Jerome H. Powell, the Fed chair, ... after rising earlier in the day on the news of the half-percentage rate cut.
At least three Federal Reserve policymakers spoke out this week in favor of holding interest rates steady for the time being, in contrast to two who said they were open to the idea of cutting the fed ...
The Federal Reserve cut interest rates for the first time in four years, announcing a 50 basis point cut and policymakers forecasting additional cuts amid progress in slowing inflation.
The Federal Reserve met Nov. 7 and cut interest rates by 25 basis points (0.25 percentage point). ... A Fed rate cut is good financial news for many but bad news for others.
The 30-year fixed rate mortgage spiked to 6.72% for the week ending Dec. 19, a day after the Fed meeting, according to Freddie Mac data via the Fed. That is up from 6.60% from a week prior.