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Federal Reserve Chair Jerome Powell indicated in remarks Wednesday that central bankers are focusing on inflation concerns ...
Such high rates on credit and savings won't last forever. If the Federal Reserve is successful in bringing inflation down, it might decide to begin lowering the federal funds rate at some point ...
The path ahead for tariffs is still a wild card for the Fed with respect to inflation’s path. The market continues to ...
raising the perception that the Fed will need to hold rates at higher levels in order to combat sticky inflation. To underline the point, the chart below outlines changes in the Fed's projections ...
The Federal Reserve on Wednesday announced that it will leave a key interest rate unchanged for the second consecutive meeting amid persistent inflation and uncertainty about the economy.
If the Federal Reserve cuts its benchmark rate this year, it will push savings and CD rates lower. Here's what the central bank says it expects right now.
After hitting a peak of 7.04% in January 2025, mortgage rates have retreated, but the decline has been sluggish, as rates ...
Wondering what’s in store for interest rates? Rate cuts are on pause for now, but we think that’s only temporary. We expect a further 2 percentage points in cuts to the federal-funds rate by ...
mortgage rates tend to follow suit. One reason for this trend is Federal Reserve policy. The Fed responds to high inflation by raising the federal funds rate, which trickles down to other rates ...
The Federal Reserve's main tool to fight inflation and keep the labor market afloat is changing the federal funds rate, which influences borrowing costs on all kinds of loans. The Fed can lower ...
Jerome Powell’s impressive soft landing only leads to more hard choices. The Federal Reserve chairman’s feat leading an ...
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