The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.

Trump said Powell and the Fed "failed to stop the problem they created with inflation" in a post on Truth Social on Wednesday ...

Key takeaways Looking at the past four decades, the average rate on a 30-year fixed mortgage peaked in 1981, rising just ...

Some economists were saying Wednesday that the cutting cycle is over, while others think Chairman Jerome Powell’s Federal ...

Policymakers left their benchmark rate unchanged amid signs that the economy is humming along, defying the president’s ...

Global shares rose as investors digested earnings from Microsoft and Meta in the wake of this week's rout in technology ...

The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's ...

Borrowers hoping for more financial relief from the Federal Reserve may have a wait on their hands, as the central bank is ...

The Fed paused rate cuts after its first meeting of the year — here’s what that means for your credit card, mortgage rate, ...

In this post, I will begin by looking at movements in treasury rates, across maturities, during 2024, and the resultant ...

Ongoing strength in the U.S. economy drove mortgage rates up over 7% for the first time in eight months, casting doubt over a recovery in the housing sector. The 30-year mortgage rate inched up to ...

The return of inflation and wage growth is giving the Bank of Japan room to raise interest rates and declare the end of a ...