Mortgage rates inched up even though the Federal Reserve cut interest rates. Experts explain why this is a short-lived ...
This is not something that the Fed can really fix,” he said after delivering a historic rate cut.
President Joe Biden is celebrating the Federal Reserve’s decision to lower interest rates by saying it shows that inflation ...
The Fed's decision to cut interest rates by 50 basis points reflects its growing confidence in taming inflation and a renewed ...
Officials in some countries started cutting rates last year, but others, including those in Europe and the United States, ...
Mortgage rates are lower than they have been since early last year. Homebuyers and homeowners refinancing can now save ...
Former Treasury Secretary Lawrence Summers said inflation will probably prevent the Federal Reserve from lowering interest ...
The Fed announced the first interest rate cut since the onset of the Covid-19 pandemic in 2020. And it was a big one. Here's ...
The average rate on a 30-year loan fell to 6.09% this week, according to Freddie Mac. Mortgage rates have been falling over ...
Market observers, however, had been divided over whether the Fed will impose its typical cut of a quarter of a percentage ...
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
Some forecasters expect the Fed to cut interest rates by a quarter-point Wednesday. Most, however, expect a half-point ...