Traders on Friday kept bets that the Federal Reserve will wait until June to resume interest rate cuts, after government data ...
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices remain stubbornly elevated, even as inflation is cooling in fits and ...
The latest reading on the Fed's preferred inflation gauge comes just two days after the central bank paused its interest rate cutting cycle.
Fed Chairman Jerome Powell said earlier this week he expects inflation to turn lower again, but he did not say when he expected it to happen. The most recent Fed forecast shows PCE inflation ending ...
Federal Reserve governor Michelle Bowman said she still expects declining inflation to allow further interest rate cuts this ...
Despite the pause this month, the Fed is still expected to resume rate cuts later this year, aiming to hit 2.5% or lower by ...
These are today's mortgage and refinance rates. Mortgage rates may not fall much this year unless inflation shows further signs of slowing.
Policy changes: When the Fed adjusts the federal funds rate, it spills over into many aspects of the economy, including ...
Tax season is here. That means gathering documents, choosing how to file and, if you're fortunate enough to earn a tax refund ...