News

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 ...
Jobs report shocker resets Fed interest rate cut bets
Since unemployment was higher than expected and is potentially nearing a cycle high, the CME FedWatch tool reported that bets ...
In a dissent not seen in three decades, two Fed governors wanted to cut interest rates and here is why
Federal Reserve Governors Bowman and Waller dissented from this week's decision to hold interest rates steady and explained ...
Waiting for a Fed rate cut? Chair Powell offered few signals of one, economists say
Nothing tariffs are starting to push up prices, Powell said the Fed is already “looking through” goods inflation by not ...
Mortgage Rate Outlook: Should You Lock Now Or Wait For Possible Fed Cuts?
Americans shopping for a mortgage may want to hold tight for now. At its July 30 meeting, the Federal Reserve did not deliver ...
Weakening US jobs market hits center of Fed rate policy debate
Surprisingly weak July hiring data released on Friday highlighted a fractious Federal Reserve debate over whether the central ...
Fed Keeps Rates Steady Despite Internal Divisions and Political Pressure
The central bank kept interest rates steady for a fifth straight meeting, despite badgering from President Trump. It has ...
The Fed Won’t Cut Rates, but Jerome Powell’s Colleagues Are Getting Restless
“If they don’t dissent, then the stock and bond markets could rally significantly on expectations that the FOMC participants ...
Fed Governor Kugler is resigning, giving Trump a nominee on committee that sets interest rates
Federal Reserve Governor Adriana Kugler announced Friday she is stepping down from her role at the central bank, creating an ...