Mortgage rates are expected to go down as the Fed cuts rates. But Fed policymakers now predict fewer rate cuts in 2025, which means mortgage rates may only drop a little bit next year ...
WASHINGTON — Just days before the height of the holiday season, a government shutdown threatened to throw hundreds of thousands of federal workers into the lurch by putting their paychecks in ...
"At present, I lean toward supporting a cut to the policy rate at our December meeting," Christopher Waller, a Federal Reserve governor, said Monday. The last two Fed meetings resulted in rate cuts.
US stocks traded mostly higher on Monday, with technology stocks helping the Nasdaq and the S&P 500 hit records as members of the Federal Reserve talked about the potential for another interest ...
US stocks rose to records on Tuesday, as indexes recovered from Donald Trump's market-moving tariff plans announced Monday evening and as traders digested the minutes of the Federal Reserve's last ...
Federal Reserve officials were split on delivering more interest rate cuts at their meeting earlier this month, as the U.S. central bank enters a transitional phase with inflation on a course of ...
The latest reading of the Federal Reserve's preferred inflation gauge showed price increases were flat in October from the prior month, raising questions over whether progress in getting to the ...
Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking ...
Chicago Federal Reserve Bank President Austan Goolsbee said on Monday that the Fed's interest rate-cutting campaign has a ways to go before reaching a "neutral" rate and that the central bank ...
In light of that resilience, some economists have begun to wonder if the Fed could forgo a rate cut at its December meeting. Investors once saw a reduction next month as all but certain, but now ...
A top Federal Reserve official says he is leaning toward supporting an interest rate cut when the Fed meets in two weeks but that evidence of persistent inflation before then could cause him to ...
The Federal Reserve’s preferred measure of underlying inflation accelerated in October from a year ago, helping explain policymakers’ more cautious approach to lowering interest rates.
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