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The average rate on 30-year fixed home loans registered at 6.58% for the week ending Aug. 21, same as last week.
Federal Reserve chair Jerome Powell signaled Friday that he could cut interest rates soon, which comes after months of ...
St. Louis Fed President Alberto Musalem said Friday he would need more data before deciding to support a rate cut at the Fed’s Sept. 16-17 meeting given that inflation is above the Fed’s 2-percent ...
The Fed is supported by structures that protect its independence, but anyone who doubts Trump’s desire and willingness to bend it towards his will is kidding themself, as we have already seen with his ...
The long pause between rate cuts could be particularly bullish for equities, potentially extending and broadening the stock market’s rally, analysts said.
Policy disagreements could grow in the coming months as Trump names new officials to vacancies at the Fed and Powell’s term as chair ends in May.
The Dow Jones Industrial Average clinched a record high Friday for the first time this year hours after Federal Reserve Chair Jerome Powell hinted that the Fed may soon lower interest rates. The Dow ...
Now that Federal Reserve Chair Jerome Powell has signaled that the central bank could soon cut its key interest rate, he ...
The chipmaker’s numbers could signal if the AI trade still has legs. Post-Jackson Hole, the Fed’s favorite inflation gauge ...
Powell’s dovish Jackson Hole speech reignited risk-on sentiment, sending meme stocks, crypto, and unprofitable tech soaring.
While not committing to action, Fed Chair Powell signaled a shift in monetary policy. Nvidia’s earnings release on Wednesday ...