Bond traders are giving only slightly better-than-even odds to an interest-rate cut next month as resilient economic data ...
Fed watchers see a greater chance the central bank may skip a rate cut at its last meeting of the year in December.
Friday’s stronger-than-expected economic data, combined with fresh remarks from Federal Reserve Chairman Jerome Powell on ...
The Fed has two main objectives: maintain maximum employment and contain inflation. Although one single data point is never ...
But if inflation continues to inch upward, the central bank may decide it needs to leave rates high to avoid a repeat of ...
Thinking about taking out a mortgage loan? Current mortgage rates fall to 6.88% for 30-year terms, while 15-year terms ...
Economists expect the Fed to announce another quarter-point rate cut in December, after a quarter-point reduction last week ...
Boston Fed President Susan Collins said it was too soon to say whether the Fed should cut interest rates next month.
The U.S. central bank has lowered interest rates by 0.75 point since September.
Strong U.S. economic and inflation data on Friday continued reshaping the debate among Federal Reserve policymakers over the ...
Americans' credit card debt has hit a record high, the Federal Reserve of New York said in a report released this week.
Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the U.S. central bank does ...