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Some investors had clung to a bit of hope that the Federal Reserve would cut interest rates at its next meeting on July 30.
The average rate on 30-year fixed home loans increased to 6.72% for the week ending July 10, up from 6.67% last week.
The U.S. central bank’s decision to hold interest rates steady in June was unanimously supported, but officials were starting ...
The central bank remains cautious, even as calls for rate cuts grow louder from the White House and other policymakers.
A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as ...
Fed Chair Jerome Powell has sketched out new conditions that could trigger rate cuts by summer’s end, but inflation remains a ...
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The central bank is quietly pushing back with a new “Frequently Asked Questions” page on its website defending the central ...
JPMorgan Chase CEO Jamie Dimon said on Thursday he thought the financial market was underestimating the possibility of U.S.
A new report shows inflation has picked up and analysts believe the prices of many goods increased, in part, because of ...
Trump urged the Federal Reserve to lower interest rates to 1%, but economists argue this could backfire, risking inflation & ...
The Federal Reserve held its key interest rate steady Wednesday, keeping downward pressure on inflation out of concern that ...
The Indian rupee fell on Wednesday as the latest U.S. inflation report showed that tariffs were beginning to feed into prices ...
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