When the Fed stops buying or begins selling bonds, private investors must step in, often demanding higher yields to compensate for risk. That pushes mortgage rates higher, even if the Fed is cutting short-term interest rates at the same time.

A resilient U.S. stocks rally heads into a busy week of corporate results, with investors concerned about the strength of the artificial intelligence trade and about how aggressively the Federal Reserve will cut interest rates.

Trump lambasted Powell this week, calling him “Jerome ‘Too Late’ Powell” in a speech to Asian business leaders .

Interest rates should continue their downward journey, as forecasters expect another rate cut from the Fed on Oct. 29. Are more cuts coming?

The U.S. Federal Reserve's top bank cop, Michelle Bowman, announced plans to reorganize the agency's supervision and regulation division and shrink the unit's staff by roughly 30%, Bloomberg News reported on Thursday.