News

O’Leary: Trump not going to fire Powell
Shark Tank” investor Kevin O’Leary suggested Monday that President Trump will not oust Federal Reserve Chair Jerome Powell, ...
Fed's Kugler, citing inflation risks, supports steady policy rate
Federal Reserve Governor Adriana Kugler said on Tuesday that with U.S. import tariffs significantly larger than expected and ...
Fed leans against inflation and away from preemptive rate cuts
Policymakers are instead doubling down on their commitment to keeping inflation and Americans’ expectations for price growth ...
Crain's Cleveland Business6d
Cleveland Fed’s Hammack sees strong case for steady rates amid tariffs
Hammack sees the risk of higher inflation alongside lower growth and employment in the near- and medium-term, a situation ...
Fed's Hammack: Time for hold steady while taking in new data
By Michael S. Derby (Reuters) -Federal Reserve Bank of Cleveland President Beth Hammack said on Wednesday high uncertainty in ...
Powell says Fed can 'wait for greater clarity' on tariffs before cutting interest rates
Fed's Powell says tariffs put its goals of low inflation and a stable economy in tension. So it will 'wait for greater ...
BusinessWorld1d
Trump warns of slowdown unless Fed lowers rates
THE US economy could slow unless interest rates are lowered immediately, President Donald J. Trump said on Monday, repeating his criticism of US Federal Reserve Chair Jerome H. Powell, who says rates ...
Bank of Canada holds key interest rate steady at 2.75% amid U.S. trade uncertainty
Governor Tiff Macklem said the central bank hit pause to give itself time to assess the fallout from Trump’s erratic and ...
Mortgage News Daily18h
Mortgage Rates Hold Almost Perfectly Steady
In not so many words, last week's thesis was that "no news was good news" for mortgage rates.  Specifically, an absence of ...