News

Mortgage Rates Dropped Ahead of This Week's Fed Meeting—But the Link May Be Weaker Than You Think
Mortgage rates have dropped, but it's not likely tied to the latest Fed news. Here’s why waiting for a Fed rate cut could be ...
Fed Won't Budge on Interest Rate Cut Despite Trump's Demand for Mortgage Relief
As was widely expected, Fed policymakers on Wednesday left the central bank's overnight rate unchanged at a range of 4.25% to ...
Did the Fed just royally screw up?
That same day, Fed Chair Jerome Powell told reporters that a “solid” labor market means central bankers still have the luxury ...
Fed Governors Michelle Bowman and Christopher Waller wanted 25-basis-point cut at this week's meeting
Federal Reserve Governors Bowman and Waller dissented from this week's decision to hold interest rates steady and explained ...
Did the Fed cut interest rates Wednesday? No, but here's when they might
Interest rates for credit cards to mortgages have jumped since the Fed began fighting inflation in 2022. Here's where experts ...
Trump fires US labor official over data and gets earlier than expected chance to reshape Fed
In a second surprise economic policy development, Fed Governor Adriana Kugler unexpectedly announced her resignation on ...
Trump Claims He 'Most Likely' Will Not Fire Fed Chair Jerome Powell
President Donald Trump claimed Friday he “most likely” will not fire Federal Reserve Chair Jerome Powell, despite ...
Fed holds interest rates steady as two Trump appointees vote to cut them
Fed Chair Jerome Powell said the economy is solid — and that it's also too early to tell how tariffs will affect it.
The Fed's Preferred Inflation Gauge Shows Rising Price Pressures
Inflation picked up in June, as measured by the Federal Reserve's preferred gauge, reflecting the continued price pressures ...
The Jobs Report Stunned. The Fed Has to Recalculate.
The Fed’s next policy meeting is six weeks away. That leaves time for another jobs report, fresh inflation data, and the ...