Inflation data coming Friday should show a quicker rise in consumer prices at the end of 2024, supporting the Federal Reserve ...
These are today's mortgage and refinance rates. Mortgage rates are likely to remain elevated until inflation comes down ...
The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a ...
U.S. interest rate cycles are driven largely by how restrictive or accommodative the Federal Reserve thinks monetary policy ...
The Fed has decided to hold rates at 4.25–4.50%, signaling caution amid rising inflation, which could lead to fewer rate cuts ...
A new GDP report Thursday and the expectation of a sticky inflation reading Friday should reinforce the Federal Reserve’s new wait-and-see approach on interest rates.
Fed officials want downward pressure on the economy to ensure inflation cools to 2 per cent target. Read more at straitstimes ...
With inflation accelerating again, and the labor market on reasonably solid footing, the Fed pivoted back to wait-and-see. Read more here.
Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth ...
The Federal Reserve decided to delay additional rate cuts for now and keep interest rates unchanged at its first meeting of ...