Fed Chair Powell Says There’s No Need to ‘Hurry’ to Cut Rates
A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank ...
Why one economist says Elon Musk could hold the key to lower mortgage rates
And the key to lower mortgage rates could be in billionaire Elon Musk's hands, the NAR's chief economist Lawrence Yun said Wednesday in a statement after the release of the latest inflation data.
Stock market today: Wall Street drifts near its records as its momentum slows
U.S. stocks are drifting Thursday as the market’s big burst following Donald Trump’s election continues to cool. The S&P 500 ...
Wall Street ends mixed while inflation data keeps Fed rate-cut hopes intact
The Dow and the S&P 500 ended slightly higher on Wednesday while the Nasdaq lost ground after October data showed consumer ...
US Consumer Inflation Rises In October On Higher Housing Costs
US consumer inflation edged higher last month spurred by an increase in housing costs, according to government data published Wednesday, complicating the US Federal Reserve's plans to cut interest ...
The Fed Just Cut Rates Again, but Mortgage Rates Keep On Rising
Earlier on Thursday, mortgage rates rose again for the sixth consecutive week, hitting a four-month high of 6.79%, according ...
Waiting to see the impact of the latest Fed rate cut before buying a home? Experts predict no short-term relief for buyers — here's why
Potential buyers were eager for Federal Reserve Chairman Jerome Powell's announcement of the 0.5% cut to the Fed rate, ...
Your Guide to Trump’s Day-One Agenda — From Taxes to Tariffs
“It’s expanded everybody’s sense of what’s possible,” Mike McKenna, a first-term Trump White House adviser who is now an ...
If the Fed Is Cutting Rates, Why Aren’t Mortgage Rates Falling?
Borrowers aren’t yet feeling the effect of the Federal Reserve’s interest-rate cuts.The central bank is poised to lower its ...
Federal Reserve Meeting: Updates and Commentary
In the wake of the November 5 election, the Federal Reserve had its next scheduled meeting. In September, the Fed cut rates ...
Federal Reserve is set to cut rates again while facing a hazy post-election outlook
No one knows how Tuesday’s presidential election will turn out, but the Federal Reserve’s move two days later is much easier ...