Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Economists expect the Fed to announce another quarter-point rate cut in December, after a quarter-point reduction last week ...
Dollar eyes weekly gain on slower Fed easing, inflation outlook
The dollar was headed for its best week in more than a month on Friday, buoyed by expectations of fewer Federal Reserve rate ...
Stocks Dip, Longer-Dated US Yields Higher After Inflation Data
NEW YORK (Reuters) -A gauge of global stocks fell for a second straight session on Wednesday and longer-dated U.S. Treasury ...
Why one economist says Elon Musk could hold the key to lower mortgage rates
And the key to lower mortgage rates could be in billionaire Elon Musk's hands, the NAR's chief economist Lawrence Yun said Wednesday in a statement after the release of the latest inflation data.
October inflation data meets forecasts, keeping Fed on track for December rate cut
New inflation data out Wednesday showed consumer prices rose as forecast in October, keeping the Federal Reserve on track to ...
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Refinance Rates Shoot Up for Most Loan Types
With this cut, the fed funds rate reaches its lowest level since March 2023. The Fed's next rate announcement will be made ...
Elon Musk wants to radically reshape who controls America’s money supply
Elon Musk, a key Trump backer who is expected to have considerable sway in helping shape Trump's policies, included a "100" emoji while resharing Republican Sen. Mike Lee of Utah's post on X calling ...
Fed cuts interest rates a second time but economists say 2025 outlook uncertain
Many economists still expect another quarter-point cut ahead in December. But expect more debate on the Fed's path in 2025.
New administration brings unknowns to Fed's path on interest rates
The Federal Reserve is facing an uncertain path forward as it tries to keep inflation in check and the economy on track.
Stock market today: Wall Street cruises toward the close of its best week in a year
HONG KONG -- Asian shares opened higher but ended Friday mixed after the Federal Reserve cut interest rates again to ease ...