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The U.S. economy added 147,000 jobs in June, beating analyst expectations, the Bureau of Labor Statistics reported.
The average rate on 30-year fixed home loans decreased to 6.67% for the week ending July 3, down from 6.77% last week.
Last month, the Fed left rates unchanged at 4.25%-4.50% for the fourth straight meeting and forecast two 25-basis-point rate ...
The pivot from rate hikes in 2022 and 2023 to rate cuts was widely forecast, and a big reason behind the S&P 500's epic 24% ...
President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt.
Federal Reserve Chair Jerome Powell said on Tuesday he would not rule out a potential interest rate cut as soon as this month ...
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Take credit cards, for example. Those short-term borrowing products currently have rates averaging over 21%. Personal loan ...
The Fed Chair on Tuesday reiterated the central bank plans to "wait and learn more" about the impact of tariffs on inflation ...
President Donald Trump wrote a note to Federal Reserve Chair Jerome Powell, once again urging him to cut interest rates.
The latest labor market data reinforces the central bank’s wait-and-see approach to lowering borrowing costs, despite ...
Federal Reserve Chief Jerome Powell said it is premature to lower interest rates, citing the potential impact of tariffs.
Weaker labor-market data this week could bolster the case for the Federal Reserve to resume interest-rate cuts soon. “My view ...
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