Wednesday’s decision brings the Fed’s key rate down to about 3.9%, from about 4.1%. The central bank had cranked its rate to ...
Mixed signals from a weakening job market, stubborn inflation, roaring AI investments and the government shutdown have forced ...
Last month, the Federal Open Market Committee (FOMC), a policymaking body at the Fed, projected two additional quarter-point ...
Interest rates should continue their downward journey, as forecasters expect another rate cut from the Fed on Oct. 29. Are ...
The rate cut could gradually reduce costs for mortgages, credit cards, auto loans, and business borrowing, offering some ...
Even though inflation is currently running 3% annually, well above the Fed’s 2% goal, there have been signs that some of the ...
The Federal Reserve cut its benchmark interest rate by a quarter percentage point Wednesday, because the central bank is more ...
Fed Chair Jerome Powell announced the Fed is cutting the overnight lending rate by a quarter of a point, bringing the ...
JD Vance calls for reduction in legal immigration at Turning Point event Jeep maker Stellantis falls 6% after issuing warning ...
The Fed Reserve cut its key interest rate this week as it continues driving in the dark amid the ongoing shutdown.
The current average mortgage rate on a 30-year fixed mortgage is 6.15%, compared to 6.15% a week earlier, according to the ...
The rate on a 30-year fixed refinance decreased to 6.23% today, according to the Mortgage Research Center. The average rate ...