News

Mortgage Rates Dropped Ahead of This Week's Fed Meeting—But the Link May Be Weaker Than You Think

Mortgage rates have dropped, but it's not likely tied to the latest Fed news. Here’s why waiting for a Fed rate cut could be ...

Fed Won't Budge on Interest Rate Cut Despite Trump's Demand for Mortgage Relief

As was widely expected, Fed policymakers on Wednesday left the central bank's overnight rate unchanged at a range of 4.25% to ...

Trump Will Remake the Fed. Lower Rates Are Just the Start.

President Donald Trump wants the Federal Reserve to cut interest rates by a lot, quickly. He will get that, and probably much ...

Trump calls on Federal Reserve board to wrest full control of central bank from Fed Chair Powell

President Donald Trump is calling for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell.

Waiting for a Fed rate cut? Chair Powell offered few signals of one, economists say

Nothing tariffs are starting to push up prices, Powell said the Fed is already “looking through” goods inflation by not ...

The Fed's Preferred Inflation Gauge Shows Rising Price Pressures

Inflation picked up in June, as measured by the Federal Reserve's preferred gauge, reflecting the continued price pressures ...

Trump fires US labor official over data and gets earlier than expected chance to reshape Fed

The two developments rattled a stock market already coping with the president's latest barrage of tariff announcements and ...

Did the Fed just royally screw up?

That same day, Fed Chair Jerome Powell told reporters that a “solid” labor market means central bankers still have the luxury ...