The US Federal Reserve kept interest rates unchanged today, Jan. 29, following a two-day meeting, as widely expected. This came after the Fed c ...
It takes time for the Fed’s decisions to filter through the economy — and then even more time for consumers to see the ...
Portra / Rates on 30-year refinance loans dropped another 2 basis points Wednesday, nudging to average down to 7.03%. That's now the cheapest level for 30-year refi rates since Dec. 18. In September, ...
In September, rates plunged to a two-year low, falling as far as 5.89%. But over the following three-plus months, the average surged almost 1.25 percentage points—before recently easing lower.
Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth Social platform, Trump went on the attack: Because Jay Powell and the Fed ...
A strong employment market, high government spending and weak Aussie dollar could keep the RBA from pushing the button on rate cuts.
Some economists were saying Wednesday that the cutting cycle is over, while others think Chairman Jerome Powell’s Federal ...
WASHINGTON (AP) — The American economy ended 2024 on a solid note with consumer spending continuing to drive growth. The Commerce Department reported Thursday that gross domestic product — the economy ...
The Fed keeps rates unchanged, signals more hawkish stance on inflation and describes real economy as solid. See why I don't expect rate cuts in the coming months.
The Fed said the job market is “solid,” and noted that the unemployment rate “has stabilized at a low level in recent months.
During the disorienting flurry of Trump's executive orders, Fed Chair Powell issued an edict of his own. He's defending the ...
Bitcoin and crypto traders are braced for the Federal Reserve's latest interest rate decision after U.S. president Donald ...