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The average rate on 30-year fixed home loans registered at 6.58% for the week ending Aug. 21, same as last week.
Federal Reserve Chair Jerome Powell hinted interest rate cuts could be coming soon in a speech on Friday, a move that could affect everyone from global markets to individual Americans.
The Trump administration has pressured Powell, whose term as Fed chair expires next year, to step down as chair of the ...
Federal Reserve Chair Jerome Powell said the balance of risks to the labor market and inflation have shifted, signaling a ...
The hope among investors had been that Powell would hint that the Fed's first cut to interest rates of the year may be ...
In just three months, tariffs as a percentage of imports quadrupled, topping 10% for the first time in two decades, according ...
Kansas City Fed president Jeffrey Schmid said on Thursday there seems no rush to cut interest rates, with inflation still ...
Former St. Louis Fed President James Bullard said Friday that a September interest-rate cut was now a "done deal." It was ...
Stocks soared on Friday after Federal Reserve Chair Jerome Powell signaled the central bank may be ready to resume cutting ...