A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank ...
Credit card interest rates remain high, in part, because the Fed's benchmark rate still stands at a historically high level, ...
Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central bank is in no hurry to cut ...
Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming ...
"The economy is not sending any signals that we need to be in a hurry to lower rates," Powell said Thursday in Dallas.
"The strength we are currently seeing in the economy gives us the ability to approach our decisions carefully," Powell said.
Even with two Fed rate cuts now in the books, you can still easily earn 4% to 5% returns in a number of risk-free ways. One ...
At least for now. Trump, who appointed Powell as Fed chair, weighed firing him in a disagreement over interest rates in 2018.
Several Federal Reserve officials Wednesday reiterated their deep uncertainty over how far the central bank will need to ...
Thinking about taking out a mortgage loan? Current mortgage rates remain at 6.88% for 30-year terms, while 15-year terms rise ...
Many economists still expect another quarter-point cut ahead in December. But expect more debate on the Fed's path in 2025.
Though the Federal Reserve has been cutting interest rates, mortgage rates have been increasing or holding steady. When will ...