Powell says Trump’s comments won’t affect interest rate decisions by the Fed
Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the ...
Only one Fed rate cut expected in 2025 after hot January inflation data
U.S. CPI report sent traders scrambling to further recalibrate their Fed rate cut expectations. Read more here.
Today's Mortgage Rates | Stubborn Inflation Should Keep Rates High for Now
These are today's mortgage and refinance rates. Elevated inflation has kept mortgage rates high, and it's unclear if they'll ...
Fed's Williams says monetary policy is in right place to achieve Fed goals
Federal Reserve Bank of New York President John Williams said Tuesday the current level of short-term interest rates should ...
Powell Says Fed Doesn’t Need to Rush on Rate Cuts
Because the economy is doing well, the Fed can take its time to decide when and whether to lower interest rates.
Mortgage Rates Bobbing in a Narrow Range Near 8-Week Low
The 30-year mortgage rate average continues to waver, rising slightly Tuesday to 6.85%. The flagship average has been moving in a mild yo-yo pattern over the past two weeks that includes its cheapest ...
Powell Urges Patience on Rate Cuts. He Speaks With the House Next.
Live coverage of Fed Chair Jerome Powell's semiannual address to Congress. He spoke to the Senate on Tuesday and will speak ...
Prospect Capital: Deteriorating NAV And Vulnerable To Higher Rates (Rating Downgrade)
Prospect Capital's portfolio continues to show weakness in a high interest rate environment. Read why I downgrade PSEC stock ...
January inflation ticks up to 3% annually as cost of groceries, gas, used cars rise
The latest Consumer Price Index report shows inflation ticked up to 3% in January from a year ago, a slight rise from the ...
Powell says Fed not 'in a hurry' to cut interest rates with 'economy remaining strong'
Federal Reserve Chair Jerome Powell said Tuesday the central bank doesn’t “need to be in a hurry” to resume its interest rate ...
US inflation comes in higher than forecast as Fed mulls Trump tariff threat
Hopes for further Federal Reserve interest rate cuts were dealt a blow on Wednesday after data showed US inflation rose by more than economists expected in January.
US inflation heats up to 3% for first time since June
It’s not just eggs. Many commonly purchased goods and services got more expensive in January, driving inflation in the wrong direction and to its highest rate since June of last year.