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 ...

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 ...

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.

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 ...

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 ...