Central bank slashes 2024 growth outlook to 1.5%, pricing in Trump’s tariff threats The Bank of Korea delivered a 0.25 ...

South Korea's central bank on Tuesday slashed interest rates and its annual growth forecast as it looks to bolster the ...

The Bank of Korea lowered interest rates by a quarter of a percentage point on Tuesday, steering Asia's fourth-largest ...

Chicago Federal Reserve Bank President Austan Goolsbee on Monday said the U.S. central bank is currently in a "wait-and-see" ...

Mortgage rates dropped, but buyer activity stayed low last week. A Fed rate cut seems unlikely, though bond policy changes ...

At the Conservative Political Action Conference on February 20, the Tesla titan floated auditing the Fed’s monetary decisions ...

Macroeconomic factors kept the mortgage market relatively low for much of 2021. In particular, the Federal Reserve had been buying billions of dollars of bonds in response to the pandemic's economic ...

Household income growth is slowing even as inflation stays high, stressing finances. It also means weaker gains in consumer spending and the economy.

Some economists have argued that Trump's immigration policy could boost inflationary pressures in the US economy and ...

No change in interest rates is expected when the Federal Open Market Committee is scheduled to set rates again on March 19.

Explore why inflation forecasts remain challenging as persistent overshooting raises questions about the Fed's strategy. Read what investors need to know.

Thursday, reducing the average to its cheapest level since mid-December. Rates also fell for many other refi loan types.