Bank of America resets interest rate cut forecast after inflation shocker
The decision comes after the central bank trimmed rates three times starting in September 2024, which has pushed down the ...
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Inflation heats up to 3% as Trump calls on Fed to cut main rate
The unexpected rise in price pressures prompted futures traders to increase the odds that the Federal Reserve will hold the ...
Average US rate on a 30-year mortgage eases to 6.87%, fourth straight weekly decline
The average rate on a 30-year mortgage in the U.S. eased for the fourth week in a row, an encouraging sign for prospective ...
Fed Chair Sees Elon Musk's Audit Push As Threat To Central Bank's Existence
Federal Reserve Chair Jerome Powell said he views proposals to "audit the Fed" floated by Elon Musk and others last week as a ...
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U.S. Stock Market Braces for PPI Data as Inflation Concerns Loom
U.S. stock futures remained steady ahead of the January PPI report, crucial for understanding the Fed's future interest-rate ...
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Trump presses for lower interest rates even as U.S. inflation edges up to 3% in January
President Trump said Wednesday he thinks interest rates should come down, injecting himself into the debate around Federal Reserve decisions just as the government was reporting that U.S. inflation ...
Inflation rises as consumer prices surge in January
January's Consumer Price Index shows a significant increase, with economists concerned about future price hikes.
Jerome Powell says Trump’s comments won’t affect interest rate decisions by the Fed
Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s calls for lower interest rates won’t lead ...
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2025 Housing Forecast: When Will Mortgage Rates Go Down?
Mortgage rates have been expected to decline in 2025 as the U.S. economy slows, inflation cools and the Federal Reserve continues to cut interest rates. Amid President Donald Trump's second term ...
Trump wants lower interest rates to go ‘hand in hand’ with tariffs, but yields are soaring after inflation data came in hot
Trump has repeatedly criticized Federal Reserve Chair Jerome Powell, whom he appointed to lead the central bank in 2018.