Over the last couple of years, interest rates have fluctuated quite a bit. After plummeting to record lows in 2020, they made ...
Credit card interest rates remain high, in part, because the Fed's benchmark rate still stands at a historically high level, ...
"The economy is not sending any signals that we need to be in a hurry to lower rates," Powell said Thursday in Dallas.
Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central bank is in no hurry to cut ...
Many economists still expect another quarter-point cut ahead in December. But expect more debate on the Fed's path in 2025.
At least for now. Trump, who appointed Powell as Fed chair, weighed firing him in a disagreement over interest rates in 2018.
"The strength we are currently seeing in the economy gives us the ability to approach our decisions carefully," Powell said.
Thinking about taking out a mortgage loan? Current mortgage rates remain at 6.88% for 30-year terms, while 15-year terms rise ...
Though the Federal Reserve has been cutting interest rates, mortgage rates have been increasing or holding steady. When will ...
The Fed has lowered its benchmark interest rate twice this year, with its most recent rate cut in November. While rate cuts ...
Bond investors have sent Treasury yields significantly higher in recent weeks even as the Federal Reserve has cut interest ...