News

Recession worries are building once again, as some consumers fear the prospects of higher prices and continued high interest ...
And we did see interest rates tick up toward the end of the decade, but only slightly: The 10-year averaged 2.5% from 2017 to 2019, and the federal-funds rate averaged 1.7%.
The fed funds rate was last cut 25 basis points on Dec. 18, 2024, taking the target range to between 4.25% and 4.50%, where it has remained. We may see another 25-basis-point drop in July, which ...
Fed rate cuts are still on the table this year, but stronger-than-expected job data will keep policymakers on hold this month ...
In 2024, the Fed cut interest rates three times, but mortgage rates didn't fall. The market currently projects an interest rate cut in September, though two Fed officials floated the possibility ...
Fed Chair Jerome Powell defended the Federal Open Meeting Committee’s universal decision to hold the Federal Funds Rate ...
The share of involuntary part-time workers declined modestly in May to 17%, down from a recent high of 18% in February but remained above the 2024 average.
These days, waiting for the Federal Reserve to lower its benchmark interest rate is a bit like waiting for Godot: the arrival ...
The Fed trims rates to lower borrowing costs and bolster a slumping economy and raises them or keeps them high longer to wrestle down inflation. But Trump’s duties are expected to both reignite ...