But if inflation continues to inch upward, the central bank may decide it needs to leave rates high to avoid a repeat of ...
Thinking about taking out a mortgage loan? Current mortgage rates fall to 6.88% for 30-year terms, while 15-year terms ...
A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank ...
Credit card interest rates remain high, in part, because the Fed's benchmark rate still stands at a historically high level, ...
Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming ...
Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central bank is in no hurry to cut ...
"The economy is not sending any signals that we need to be in a hurry to lower rates," Powell said Thursday in Dallas.
"The strength we are currently seeing in the economy gives us the ability to approach our decisions carefully," Powell said.
At least for now. Trump, who appointed Powell as Fed chair, weighed firing him in a disagreement over interest rates in 2018.
Even with two Fed rate cuts now in the books, you can still easily earn 4% to 5% returns in a number of risk-free ways. One ...
Mortgage rates aren’t directly tied to the federal funds rate like savings and CDs. Instead, they’re tied to the 10-year ...
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested ...