Federal Reserve's Bowman says further rate cuts should be gradual, cautious
Bowman said on Friday she expects declining inflation to allow further interest rate cuts this year, but feels many factors ...
Trump tariffs to stoke US food inflation despite pledge to lower costs
U.S. consumers grappling with soaring prices for beef and eggs will face even higher costs for meat, vegetables and fruit if ...
Analysis-Looming Tariffs Worry Wall Street Over Earnings Hit, Inflation Pressure
Trump has set a Saturday deadline for issuing 25% tariffs on imports from Mexico and Canada, unless they move to halt flows of illegal immigrants and the deadly opioid fentanyl into the United States.
Fed hold rates steady, sees inflation as ‘elevated’; Powell declines comment on Trump
The Fed said the job market is “solid,” and noted that the unemployment rate “has stabilized at a low level in recent months.
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Who holds the most gold in the world? See which countries top the list"
Today, many countries hold significant amounts of gold in their reserves. Why? This precious metal is often seen as a safe ...
Why are mortgage rates still so high? There’s something more important than Fed policy at work
The federal funds rate and mortgage interest rates are often expected to move together, but they haven’t lately. Here’s why.
Fed holds rates steady, hitting pause after series of cuts
The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to ...
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US Fed hold rates steady, sees inflation as ‘elevated’
The US Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, ...
Understanding the Federal Reserve's Role in Mortgage Rates
Learn how Fed meetings affect mortgage rates and what it means for borrowers. Discover trends, impacts, and expert ...