Former Federal Reserve adviser John Harold Rogers has been indicted on charges of economic espionage. Prosecutors allege Rogers shared confidential U.S. financial data with Chinese contacts posing ...
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well as food ... The path to the Fed’s 2% inflation target was expected ...
With inflation heading in the wrong direction, the Fed on Wednesday left its benchmark short-term interest rate unchanged. The so-called fed-funds rate influences other interest rates in the ...
The Federal Reserve kept its thumb squarely on the pause button at this week’s meeting. That’s good news for your bank accounts, since another rate cut would probably mean a lower return on ...
Given the historical relationship, it remains a mystery to me why the media and market participants in general seem to pay so much attention to whether (and when) the Fed will continue to lower ...
If the Fed implements additional rate cuts or even simply signals that it plans to in the near future, though, mortgage rates could gradually decline. The timing of potential cuts, as well as the ...
The HousingWire Daily podcast brings the full picture of the most compelling stories in the housing market reported across HousingWire. Each morning, listen to editor in chief Sarah Wheeler talk ...
Fed Chair Jerome Powell said the central bank does "not need to be in a hurry," in an afternoon press briefing, adding that its policy stance is well-calibrated for the times. "I think the market ...
His rebuke came hours after the Fed held interest rates steady and gave ... to adjust our policy stance” and monetary policy is “well positioned” for the challenges at hand.
Suffice it to say, this wasn't the most interesting decision of 2025 so far. Still, given that the Fed cut interest rates three times in 2024, we were hoping for a path toward lower borrowing costs.
The decision was unanimous among the voting members of the Federal Open Market Committee (FOMC), the panel of Fed officials responsible for setting interest rates. The CME Fed Watch prediction ...
“We now think the Fed’s cutting cycle is over. The risks for the next move are skewed toward a hike,” said Aditya Bhave, senior economist at BofA Global Research, one of the first Wall ...