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The Federal Reserve is tasked with creating a monetary policy that encourages price stability and maximizes employment. As a result, it attempts to keep inflation at around 2% a year because that has ...
Federal Reserve governor Christopher Waller made his strongest call yet for a rate cut in July as he again argued that any ...
The Federal Reserve held its key interest rate steady Wednesday, keeping downward pressure on inflation out of concern that ...
President Donald Trump has pushed for the Federal Reserve to lower interest rates by “a full point” in order to juice the economy as inflation hovers close to its target level. But Fed Chair Jerome ...
Mortgage rates rose this week, but steady inflation data suggests a more stable outlook. Buyers may benefit from clearer signals in the months ahead.
The U.S. Federal Reserve should not cut interest rates "for some time" as the impact of Trump administration tariffs begin ...
The Federal Reserve decided to hold interest rates steady today, but that doesn't mean the Fed's battle against inflation is over. Fed policymakers signaled that there could be one more ...
For the record, the Fed's Federal Open Market Committee (FOMC) left the short-term federal funds rate steady at 5.25% to 5.5% when it wrapped up its regularly scheduled two-day policy ...
With the Fed's benchmark holding steady, the average rate on a five-year new car loan was 7.3% in May, near a record high, while the average auto loan rate for used cars was 11%, according to ...
If you're thinking about tapping your home's equity, make sure you understand what could happen with rates soon.