News

Jobs Report Takes Pressure Off Fed to Cut Rates
Headline numbers from the June jobs report took pressure off the Federal Reserve to consider an interest-rate cut later this ...
Powell reiterates Fed will wait for more data before cutting rates
U.S. Federal Reserve Chair Jerome Powell on Tuesday reiterated the U.S. central bank plans to "wait and learn more" about the ...
Mortgage Interest Rates Today: Mortgage Rates Retreat Again After Fed Chair’s Congressional Testimony
The average rate on 30-year fixed home loans from Freddie Mac decreased again to 6.77% for the week ending June 26.
US Treasury chief says he thinks Fed could lower interest rates by September
U.S. Treasury Secretary Scott Bessent said on Tuesday he believes the Federal Reserve could lower interest rates by September ...
Trump's tariffs kept Fed from cutting rates, Jerome Powell says
The Federal Reserve would have cut interest rates by now if President Donald Trump's tariffs weren't so big, central bank ...
Did the Fed cut 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 think rates are headed.
June jobs report comes in stronger than expected — tanking hopes that the Fed will cut rates this month
The Labor Department reported Thursday that the US economy added 147,000 jobs in June, beating the 110,000 gain forecast by ...
Weekly mortgage rates continue to fall as the Fed debates timing
The article Weekly Mortgage Rates Continue to Fall as the Fed Debates Timing originally appeared on NerdWallet.
Fed Officials Could Be Split On Whether To Cut Interest Rates In July
At least three Federal Reserve policymakers spoke out this week in favor of holding interest rates steady for the time being, ...
Powell says the Fed would have cut rates this year if it weren’t for tariffs
The Federal Reserve would likely have lowered interest rates this year if it weren’t for President Donald Trump’s significant ...
Trump has ramped up pressure on Fed Chair Powell to cut rates. There's one big reason it probably won't work.
Trump has been highly critical of Fed chair Powell for not cutting rates. Some see Trump's pressure campaign against the ...
Fed Chair Jerome Powell holds firm on interest rates, resisting pressure to cut
Federal Reserve Chair Jerome Powell, who is testifying before Congress this week, said tariffs are "likely to push up prices.