Inflation Stays Firm, but Not Enough to Derail December Fed Cut
The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup ...
US weekly jobless claims fall; unemployment rolls shrink
The number of Americans filing new applications for unemployment benefits fell last week, suggesting the labor market ...
Stock market today: Asian stocks climb after Wall Street's post-election boom slows
Asian shares are mostly higher after U.S. stocks slipped as the market’s rally following Trump’s election victory continued ...
Stocks end lower after Powell throws cold water on hopes for December interest-rate cut
The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.
4 Smart Places to Safely Stash Savings Now That the Fed Has Cut Rates
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 ...
Why credit card rates remain high, even after interest rate cuts
Credit card interest rates remain high, in part, because the Fed's benchmark rate still stands at a historically high level, ...
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 ...
Mortgage News Daily9h
Mortgage Rates Roughly Unchanged Yet Again Despite Bond Market Losses
Losses... weakness... selling pressure...  When any of these things happen in the bond market, it puts upward pressure on ...
Fed Chair Jerome Powell says no need to rush rate cuts, cites strong economy
But the pace of rate cuts “is not preset,” Powell said at a Dallas Fed event, adding that “the economy is not sending any ...
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming ...
Fed’s Powell Says No Need to Hurry Rate Cuts With Economy Strong
Federal Reserve Chair Jerome Powell said the recent performance of the US economy has been “remarkably good,” giving central ...
Fed’s Powell: Rate cuts are still underway
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested they might not be that much lower over the next few months.