One Bank of America strategist thinks the Federal Reserve’s decision to cut interest-rates by 50 basis points this week will ...
Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the ...
But while the Fed’s action will surely have political consequences, it wasn’t a political decision. The straight economic ...
President Joe Biden is celebrating the Federal Reserve’s decision to lower interest rates by saying it shows that inflation ...
The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.
Donald Trump has argued that the Fed would only cut interest rates close to the election to help his political opponents.
The U.S. central bank's decision to cut interest rates by half a percentage point leaves open the risk of a resurgence in ...
In the short term, the reduction will lead to slightly lower interest rates on mortgages, auto loans, and credit card debt.
For the last three years, the Federal Reserve has been fighting to bring inflation down. Now it has boldly moved to protect ...
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
Republican presidential candidate Donald Trump said the Federal Reserve’s decision to lower its benchmark interest rate by a ...
Before Wednesday’s cut, US rates had been at their highest since 2001 as the Fed sought to bring down inflation from the ...