Schmid said the Fed's decision last week to cut interest rates by 25 basis points reflected their confidence that both the ...

Forecasters had expected lingering inflation in October. How will the new numbers affect the next Federal Reserve decision on ...

Federal Reserve Bank of Kansas City President Jeff Schmid on Wednesday sounded a note of caution about how much more the US ...

Thinking about taking out a mortgage loan? Current mortgage rates remain at 6.88% for 30-year terms, while 15-year terms rise ...

This uptick underscores the challenges facing the Federal Reserve, which began easing interest rates in September in response ...

Kansas City Fed President Jeffrey Schmid, speaking at the same conference, said "it remains to be seen how much further ...

To better understand the future direction of mortgage rates, we need to understand what factors influence them.

Rising US debt and economic headwinds suggest that further rate cuts may not effectively lower Treasury rates or other loan rates. Read my analysis here.

U.S. inflation rose 2.6% on an annual basis last month, representing an uptick from September when the Federal Reserve began ...

“While now is the time to begin dialing back the restrictiveness of monetary policy, it remains to be seen how much further ...

The Dow and the S&P 500 ended slightly higher on Wednesday while the Nasdaq lost ground after October data showed consumer ...