The average rate on 30-year fixed home loans registered at 6.23% for the week ending Nov. 26, down from 6.26% last week.
If the Fed holds interest rates steady as a means of protecting against tariff-induced inflation, it risks a deeper slowdown ...
Key Takeaways Trump gets to nominate a replacement for Jerome Powell, whose term expires in May, and who has resisted Trump's demands for steep rate cuts.Kevin Hassett, the front-runner to become the ...
New York Fed President John Williams said on Friday that he sees room for interest rates to fall "in the near term." ...
The Fed is set to meet Dec. 9-10 and market watchers are predicting a repeat of October’s move when the rate was cut by .25 percentage points, lowering the target range to 3.75% to 4%. At the time of ...
The Federal Reserve took a wait-and-see approach to an uncertain US economy Wednesday, opting to leave interest rates unchanged at the close of its March meeting. That decision leaves the benchmark ...
U.S. Federal Reserve Chairman Jerome Powell is pictured. Federal Reserve officials said Wednesday that inflation has fallen further toward their target in recent months but signalled that they expect ...
The Fed will also receive more cues on inflation before its December meeting, with PCE price index data for September, which ...
The Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent months and said it doesn’t plan to cut interest rates until it has “greater confidence” that price ...
The S&P 500 rose 0.9 per cent after breaking out of a morning lull and is back within 1.8 per cent of its all-time high. The ...
Shares in Europe and Asia advanced on Wednesday after benchmarks on Wall Street surged on hopes the U.S. Federal Reserve will ...