"The economy is not sending any signals that we need to be in a hurry to lower rates," Powell said Thursday in Dallas.

Mortgage rates aren’t directly tied to the federal funds rate like savings and CDs. Instead, they’re tied to the 10-year ...

Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming ...

"The strength we are currently seeing in the economy gives us the ability to approach our decisions carefully," Powell said.

Stepping back from the day-to-day volatility, the bottom line is that interest rates are going to move lower, said Chicago Fed President Austan Goolsbee, on Friday. "As long as we keep making progress ...

Federal Reserve chairman Jerome Powell said Thursday that the US central bank will likely cut its key interest rate slowly ...

At least for now. Trump, who appointed Powell as Fed chair, weighed firing him in a disagreement over interest rates in 2018.

Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central bank is in no hurry to cut ...

The Federal Reserve cut interest rates by 0.25% on November 7. More interest rate cuts are likely through the end of 2026.

Many economists still expect another quarter-point cut ahead in December. But expect more debate on the Fed's path in 2025.

The Federal Reserve cut interest rates by a quarter of a percent as inflation begins the path to stabilization.

These are today's mortgage and refinance rates. Mortgage rates have increased in recent weeks and remain high today thanks in ...