A surprise drop in the unemployment rate in December is likely to keep the Federal Reserve on course to take a breather from cutting interest rates later this month. “The fall in unemployment to 4.4% ...
Surging layoffs and rising unemployment prompted the Federal Reserve to move off the sidelines in September, resulting in a ...
Anticipation over a Federal Reserve interest rate cut, which was barely registering a few weeks ago, is now growing to a fever pitch. Following an unemployment report that showed the rate increasing ...
"Mortgage interest rates went down before the Fed cut rates in September but went up after," says Ali Wolf, chief economist ...
The Fed cut rates again, easing borrowing but squeezing savers. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on ...
WASHINGTON — The Federal Reserve reduced its key interest rate for the third time in a row Wednesday but signaled that it may leave rates unchanged in the coming months, a move that could attract ire ...
The Federal Reserve delivered its third rate cut of 2025 by lowering the federal funds rate another 0.25 points, sparking mixed views within the FOMC As was anticipated by many experts in the field, ...
The Federal Reserve cut rates by a quarter point in October — the second cut of 2025. Another quarter-point cut is widely expected when the Fed meets next week, though chair Jerome Powell isn't ...
The Federal Reserve cut its benchmark rate again at its final meeting of the year Wednesday. That disagreement was evident in Wednesday’s 9-3 vote to cut rates, the most divided decision of the ...
Federal Reserve policymakers cut interest rates for the third straight meeting on Wednesday while signaling there may be only one cut next year as rates get closer to a neutral level. The Fed lowered ...
The average 30-year fixed mortgage rate slightly to 6.39% this week, up from 6.37% the week before, according to U.S. News data. Mortgage refinancing rates decreased slightly for the 30-year term, ...
TBIL’s yield is highly sensitive to Federal Reserve rate changes, with recent cuts reducing its carry and dividend growth ...