Speaking at a summit Wednesday afternoon, Powell also reiterated recent remarks that the Fed is in no rush to further lower ...
Most housing economists had expected mortgage rates to hit 6% by the end of 2024 and move into the mid-5% throughout 2025.
Fed chief Jerome Powell said President-elect Donald Trump's tariff threats won't affect an interest rate decision this month.
Federal Reserve Bank of Chicago President Austan Goolsbee said he foresees the central bank continuing to lower rates toward ...
U.S. stock futures were pointing to gains early Wednesday. Political tumult in South Korea appeared to be largely contained, ...
Gold prices were steady on Tuesday as investors took a cautious stance ahead of the upcoming U.S. economic data that could ...
Federal Reserve Chair Jerome Powell said he's not concerned that the central bank would lose its independence. Powell said he thought there was strong support in Congress for the idea of an ...