Financial conditions undercut Fed's 'restrictive' view: McGeever
U.S. interest rate cycles are driven largely by how restrictive or accommodative the Federal Reserve thinks monetary policy ...
Economy grew 2.8% in 2024, holding strong despite high interest rates
The new data were published Thursday by the Bureau of Economic Analysis in its report for gross domestic product for the fourth quarter.
Average mortgage rate eases for second week in a row
The average rate remains just below 7%, little relief for prospective home shoppers looking ahead to the spring homebuying ...
Fed Stands Pat on Rates, Entering New Wait-and-See Phase
Fed Chair Jerome Powell says, “We do not need to be in a hurry to adjust our policy stance.” ...
Fed pauses interest rate cuts despite Trump’s call to lower rates ‘immediately’
The Federal Reserve decided to delay additional rate cuts for now and keep interest rates unchanged at its first meeting of ...
Why are mortgage rates still so high? There’s something more important than Fed policy at work
The federal funds rate and mortgage interest rates are often expected to move together, but they haven’t lately. Here’s why.
Fed leaves rate unchanged, points to stubborn inflation
The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a ...
When Is the Fed Interest-Rate Decision and What to Watch for Today
The central bank is widely expected to hold interest rates steady in its first meeting of 2025. Here is what investors will be watching: When is the Fed decision due? At 2 p.m. ET. How much will the ...
Why the Fed may be done cutting interest rates, once and for all
Some economists were saying Wednesday that the cutting cycle is over, while others think Chairman Jerome Powell’s Federal ...