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 ...
Construction Dive1d
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 ...
Powell Says Fed Doesn’t Need to Rush on Rate Cuts
Because the economy is doing well, the Fed can take its time to decide when and whether to lower interest rates.
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 ...
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 ...
U.S. News & World Report2d
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.
CNET2d
Mortgage Predictions: Inflation's Comeback Isn't Good for Homebuyers
Along with inflation, the Fed is also weighing employment data. If the job market remains robust by official standards, ...