In a surprising turn, mortgage rates have climbed 20 basis points following the Federal Reserve's recent interest rate cut. Discover why the bond market reacted negatively and what this means for homebuyers and refinancers.
In a surprising move, the Federal Reserve has cut its key interest rate for the second time this year, aiming to boost economic growth and hiring amid ongoing inflation concerns. Fed Chair Jerome Powell warns that future cuts aren't guaranteed as the government shutdown complicates economic reporting.
The Federal Reserve has approved its second consecutive interest rate cut, but Chair Jerome Powell's uncertain comments about future reductions have rattled markets. With inflation still above target, what does this mean for consumers and the economy?
The Federal Reserve's recent decision to lower interest rates below 4% has ignited a fierce debate among officials, highlighting economic challenges and potential risks as the government shutdown looms.
As the Federal Reserve prepares to announce a quarter-point interest rate cut, investors are left wondering about the future of the economy. With inflation rising and job growth slowing, Fed Chair Jerome Powell faces tough decisions ahead.
The Federal Reserve is leaning towards further interest rate cuts amid rising unemployment concerns, but divisions remain among officials about inflation risks. Discover the implications for borrowers and the economy.
In a heated exchange over the Federal Reserve's independence, Jerome Powell rebuffs Trump's accusations of political influence, defending the Fed's data-driven decisions against a backdrop of economic challenges.
Jerome Powell announces the Fed's first interest rate cut of the year, citing weakening labor market conditions. As inflation risks remain, Powell emphasizes a careful balance in policy decisions.
Jerome Powell's upcoming speech is set to provide crucial insights following the Fed's first interest rate cut of 2025. With mixed stock futures and a looming PCE reading, investors are on edge. Will Powell's words signal more cuts ahead?
The struggle for Gen Z to find jobs intensifies as Fed Chair Jerome Powell highlights a concerning labor market. With low hiring rates and economic slowdowns, young jobseekers face unique challenges, exacerbated by a broader hiring freeze.
