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 ...
The price gauge used by the Federal Reserve to help set U.S. interest rates accelerated in December, pushing the bank further ...
Key takeaways Looking at the past four decades, the average rate on a 30-year fixed mortgage peaked in 1981, rising just ...
U.S. President Donald Trump is getting his wish that interest rates drop across the world, just not at home where a strong ...
With regards to style, growth remains the dominant style in the market with large cap growth stocks outperforming large cap value by a convincing 380 basis points. Much like small cap, value will ...
After their meeting Wednesday, Fed officials held interest rates steady in a range of 4.25% to 4.5%. In December, officials had penciled in two quarter-point cuts for 2025. Also read: Powell takes ...
The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little ...
Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth ...