Federal Reserve chair Jerome Powell on Wednesday discussed for the first time possible “paths” for interest rates this year. The upshot is that, while any move at the next meeting is off the ...
Federal Reserve Chair Jerome Powell admitted Tuesday inflation was falling more slowly than expected after a key gauge exceeded analysts’ estimates. The Producer Price Index (PPI), which ...
Federal Reserve Chairman Jerome Powell speaks at a meeting of the Economic Club of New York, Oct. 19, 2023, in New York. (AP Photo/Seth Wenig, file) WASHINGTON (AP) — Federal Reserve officials ...
The Federal Reserve held its benchmark lending rate unchanged Wednesday, noting a "lack of further progress" in its inflation fight, and suggested that it would hold off on rate cuts until at ...
The Federal Reserve voted to keep interest rates at a 23-year high as inflation has edged up and the labor market remains strong, likely pushing potential rate cuts even later into the year.
A line of unsold 2024 Edge utility vehicles sit at a Ford dealership Sunday, May 19, 2024, in Denver. Policymakers' ...
The average 30-year fixed-rate mortgage was 7.03% for the week ending May 30, according to Freddie Mac's latest Primary ...
"While this is the slowest growth in almost two years, it should be considered a release valve for a strong economy, allowing ...