However, it now appears unlikely that mortgage rates will drop in May. At its May 1st meeting, the Federal Reserve opted to ...
Mortgage rates posted a big jump last week after Friday’s release of a higher-than-expected inflation report.
Higher rates benefit those who can save, but for borrowers falling rates would reduce bills on credit cards, home equity ...
Traders have sharply downgraded their expectations since 2024 began, when they had expected up to six rate cuts.
The Federal Reserve has announced that interest rates will remain at a two-decade high until there is further cooling of ...
The Federal Reserve signaled that it will keep interest rates higher for longer amid stubborn inflation, keeping borrowing ...
WASHINGTON (AP) — After three straight hotter-than-expected inflation reports, Federal Reserve officials have turned more ...
Several hotter-than-expected reports on prices and economic growth have undercut the Fed’s belief that inflation was easing.
The Fed's warier outlook stems from three months of data that pointed to chronic inflation pressures and robust consumer ...
The Fed throws cold water on near-term rate cuts … but the market jumps higher (at least, initially) … why the last mile of ...
The Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent months and said it doesn’t ...