News

Mortgage Rates Dropped Ahead of This Week's Fed Meeting—But the Link May Be Weaker Than You Think
Mortgage rates have dropped, but it's not likely tied to the latest Fed news. Here’s why waiting for a Fed rate cut could be ...
Fed Won't Budge on Interest Rate Cut Despite Trump's Demand for Mortgage Relief
As was widely expected, Fed policymakers on Wednesday left the central bank's overnight rate unchanged at a range of 4.25% to ...
Did the Fed cut interest rates Wednesday? No, but here's when they might
Interest rates for credit cards to mortgages have jumped since the Fed began fighting inflation in 2022. Here's where experts ...
Trump fires US labor official over data and gets earlier than expected chance to reshape Fed
In a second surprise economic policy development, Fed Governor Adriana Kugler unexpectedly announced her resignation on ...
Fed’s Powell sticks with patient approach to rate cuts, brushing off Trump’s demands
The Federal Reserve is leaving its key short-term interest rate unchanged for the fifth time this year, brushing off repeated ...
The Fed's Preferred Inflation Gauge Shows Rising Price Pressures
Inflation picked up in June, as measured by the Federal Reserve's preferred gauge, reflecting the continued price pressures ...
Did the Fed just royally screw up?
That same day, Fed Chair Jerome Powell told reporters that a “solid” labor market means central bankers still have the luxury ...