Contracts to buy U.S. previously owned homes fell in December to snap a four-month streak of increases, with particularly sharp declines in the pricier Northeast and West regions as higher mortgage ...
In particular, continued slow loan growth is becoming a drag on regional banks, which have less exposure to the booming Wall ...
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
The hawkish tone of the Reserve Bank governor and the Monetary Policy Committee does not bode well for the repo rate in 2025.
It takes time for the Fed’s decisions to filter through the economy — and then even more time for consumers to see the ...
Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth ...
Fed Chair Jerome Powell says, “We do not need to be in a hurry to adjust our policy stance.” ...
The first central bank meetings of 2025 suggest it will be a year in which policymakers go their own way as economic paths ...
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It doesn't look like savings rates will rise anytime soon. But that doesn't mean you're out of opportunities to earn.
The Federal Reserve hit the pause button on interest-rate cuts Wednesday, entering a wait-and-see phase as it tries to determine whether it should cut further, and by how much. With that i ...