The decision comes after the central bank trimmed rates three times starting in September 2024, which has pushed down the ...

For instance, research from the San Francisco Fed found that if consumers fear short-term inflation, they will push with all their power for higher wages. Companies would then have to raise prices to ...

The current average mortgage rate on a 30-year fixed mortgage is 6.9%, compared to 6.83% a week earlier, according to the ...

A resilient job market, healthy economic growth, and high consumer demand point to an economy that’s in “an incredibly strong position,” explains PIMCO economist Tiffany Wilding. At the same time, ...

The Commerce Department on Wednesday reports on housing starts for January and the Federal Reserve releases minutes from its most recent policy meeting.

The Fed’s short-term rates matter, but the main action now is in the 10-year Treasury market, which influences mortgages, ...

The Federal Reserve said it would leave interest rates holding at 4.25% to 4.5% and persist in its quest to reduce inflation ...

Americans' household debt is at a new all-time high $18.04 trillion, according to a report released Thursday by the Federal ...

Three weeks into his second presidential term, Donald Trump is largely getting his way on Cabinet nominees, deregulation, ...

Prices moving upward in January has further cooled hopes of an interest rate cut from the Federal Reserve in the near future.

Easing inflation has opened the door for the Reserve Bank of Australia to begin an anticipated brief series of interest rate ...

Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance their loan to a lower rate, ...