The Federal Reserve cut interest rates in 2024 after having raised them 11 times throughout 2022 and 2023 to combat inflation, but savings rates still haven't substantially declined.

Experts say average 30-year fixed mortgage rates are likely to stay above 6.5% in the coming months, with a potential for small and temporary dips, not substantial drops. Prospective homebuyers are ...

U.S. Rep. Abe Hamadeh urged Federal Reserve Chairman Jerome Powell to resign, citing Powell's unwilingness to lower interest rates.

July Mortgage Forecast: Will Interest Rates Budge This Summer? As Trump's trade war heats back up, the outlook for Fed cuts and lower mortgage rates isn't great.

In a move that had been anticipated by a narrow majority of analysts, but still marked a significant shift in tone, Bank ...

The GOP-led Congress is walking a political tightrope with the rollout of key provisions in Trump’s “one big, beautiful” bill, passed last week. With next year’s midterms looming, strategic timing ...

TORONTO - Five things to watch for in the Canadian business world in the coming week: U.S. trade issues are expected to ...

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

MTNL, the state-run telecom company, has defaulted on bank loans totaling Rs 8,585 crore from seven public sector banks ...

The Federal Reserve will likely be able to start cutting short-term borrowing costs by September, traders continued to bet on ...

Treasuries were mostly steady after Tuesday’s mixed inflation report for June largely matched economists’ expectations and ...