Despite rising inflation, the Federal Reserve is hesitant to cut rates, with experts like Larry Summers cautioning against ...

Is tariff inflation lagging, only to then burst and slip away?Or is it here to stay?💵💰Don't miss the move: Subscribe to ...

WASHINGTON: US Treasury Secretary Scott Bessent said on Tuesday (Jul 22) that he did not see a reason for Federal Reserve ...

Gold rose as traders assessed differing views from US Federal Reserve officials on how President Donald Trump’s tariff agenda ...

Treasury Secretary Scott Bessent defended the monetary independence of the Federal Reserve o after getting caught in the ...

General Motors and other U.S. companies give updates on how much President Trump’s tariffs are impacting them.

Trump’s housing chief slams Fed spending as Realtor.com warns federal land offers little help for housing shortages in ...

U.S. retail sales rebounded more than expected in June, suggesting a modest improvement in economic activity and giving the ...

Some investors had clung to a bit of hope that the Federal Reserve would cut interest rates at its next meeting on July 30.

The Federal Reserve is widely expected to lower interest rates further as the U.S. inflation rate has declined to 2.4% from a peak of more than 9% in 2022. Declining Inflation in America ...

The average rate on a 30-year U.S. mortgage rose for the second week in a row, another setback for the U.S. housing market, ...

However, in September 2024, the Fed began to cut rates, lowering the federal funds rate by a jumbo-sized 50 basis points (0.50%). Two more quarter-point rate cuts followed, with the fed funds rate ...