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The U.S. dollar rose against major currencies on Wednesday as data supported market expectations of a Federal Reserve ...
Donald Trump has been demanding that the Federal Reserve cut interest rates. Jerome Powell finally said why they haven’t.
Here's how inflation, high interest rates and market uncertainty are impacting housing affordability this summer.
The Indian rupee is set to climb further on Friday, supported by weak U.S. data that has strengthened expectations of a ...
At least three Federal Reserve policymakers spoke out this week in favor of holding interest rates steady for the time being, ...
The 10 basis point decline in the 30-year fixed mortgage was the most since March and the first time rates are below 6.7% ...
Atlanta Federal Reserve President Raphael Bostic warned that effects of President Donald Trump's tariffs could cause prolonged inflation rather than a one-time price spike.
The Federal Reserve held interest rates steady Wednesday for the fourth meeting in a row and kept a projection for two rate cuts this year. The central bank voted unanimously to maintain its ...
The Fed, helmed by Chair Jerome Powell, is expected to hold rates steady this month despite pressure from President Donald Trump to make cuts.
The Fed’s decision to hold rates steady still has far-reaching implications for almost all forms of borrowing as well as the returns on most savings accounts.
The Fed is nearly universally expected to leave its policy rate in the 4.25%-4.50% range at its June 17-18 meeting. Futures that settle to the Fed's policy rate show traders now expect a quarter ...
The Fed will almost certainly leave its benchmark interest rate steady in the 4.25%-4.50% range at the end of its two-day policy meeting next week.