After Trump issued an executive order on Jan. 20 ending DEI programs across the federal government, the Fed took down pages ...
Rates on 30-year refinance loans dropped another 2 basis points Thursday. That's now a four-day decline of 12 basis points, which has reduced the average to 7.01%—the cheapest level for 30-year refi ...
US President Donald Trump is getting his wish that interest rates drop across the world, just not at home, where a strong economy and uncertainty over his own policies have set the stage for the ...
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...
The December personal consumption expenditures (PCE) price index, the Federal Reserve’s preferred gauge of inflation, ...
After the inflation report, released at the same time as hawkish monetary policy remarks from Fed Governor Michelle Bowman, traders of futures that settle to the Fed's policy rate priced in about a 70 ...
The Federal Reserve's preferred measure of inflation picked up in December, pushing the central bank's goal of a 2% annual rate farther into the distance.
A spike in energy prices helped to lift the headline PCE price index in December. The combined cost of gasoline, electricity, and other energy goods and services jumped 2.7% durin ...
Many of the executive actions related to bitcoin and crypto were wish-list items the industry has been pushing for.
Federal Reserve governor Michelle Bowman said that she would prefer only gradual future easing of the central bank’s interest ...
Federal Reserve Governor Michelle Bowman said she wants to see additional progress on inflation before the central bank ...