The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

Interest rate increases hit homeowners where it hurts most – their monthly budget. While Federal Reserve decisions might seem ...

Bill Pulte, the nation's top mortgage regulator, has called for a congressional investigation into Federal Reserve Chair ...

The pivot from rate hikes in 2022 and 2023 to rate cuts was widely forecast, and a big reason behind the S&P 500's epic 24% ...

Prohibiting the Fed from paying interest on reserves wouldn’t protect taxpayers and would undermine the central bank’s ...

Many Americans say President Donald Trump’s tariffs will make it harder for to manage or repay debt, a survey found. Experts ...

The president is pressuring the Fed to lower rates to make deficits easier to finance. This could end badly, but for now ...

The Fed prioritizes shrinking its balance sheet over rate cuts to fight inflation. See why its disciplined approach supports growth, jobs, and long-term stability.

A macro-informed approach helps navigate uncertainty by anchoring crypto analysis to external signals like inflation and rate ...

In Asia, a busy week of central bank decisions and key inflation data lies ahead. Monetary policy decisions will be in focus in Australia, New Zealand, South Korea, Malaysia and Thailand, while fresh ...

Last month, the Fed left rates unchanged at 4.25%-4.50% for the fourth straight meeting and forecast two 25-basis-point rate ...

Federal Reserve Board Chairman Jerome Powell stated over the past few months that interest rates should not be lowered, as ...