News

The U.S. Federal Reserve's independence is under threat from mounting political interference, according to a clear majority ...
Real estate billionaire Jeff Greene sees a housing boom once interest rates fall, and says he's worried about the US debt and ...
President Trump and his top aides have criticized Jerome H. Powell, the Fed chair, for his management of both the economy and ...
Gold rose as traders assessed differing views from US Federal Reserve officials on how President Donald Trump’s tariff agenda ...
Mortgage rates retreated this week, with the 30-year fixed rate averaging 6.76 percent, compared to 6.81 percent the previous ...
U.S. retail sales rebounded more than expected in June, suggesting a modest improvement in economic activity and giving the ...
As part of his campaign to get rid of Jerome Powell, President Donald Trump has blamed the Federal Reserve chair for costing ...
The period from 1995 through 1997 was relatively uneventful for the U.S. economy. The FOMC adjusted the federal funds rate a number of times, first downward to prevent a recession, then upward as ...
The Federal Reserve's wait-and-see approach to tariffs has angered President Donald Trump, who wants U.S. rates to be cut deeply. But U.S. rates may be higher relative to other major industrialized ...
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 ...