Another hot inflation reading reinforces that any near-term interest rate cuts are less likely, as the Federal Reserve shifts to a higher-for-lon...
Tag: Jerome Powell
The Federal Reserve chairman this week doused any hope homebuyers had that mortgage rates would soften anytime soon. Instead, rates jumped above ...
The Federal Reserve's preferred gauge of inflation wasn't hotter than expected in February, which could keep a mid year interest rate cut on the ...
US stocks slipped on Monday after Federal Reserve Chair Jerome Powell put a chill on prospects for an early interest rate cut, raising the stakes...
WASHINGTON — Chair Jerome Powell will enter this week’s Federal Reserve meeting in a much more desirable position than he likely ever expected: I...
The Fed got the inflation reading it wanted. When cuts begin is still a tossup.The Federal Reserve got the inflation reading it wanted. When the ...
Mortgage rates have plummeted in recent weeks, boosting the prospects of homebuyers previously stifled by high borrowing costs. Many forecasters ...
Mortgage rates hit the 6% range for the first time since August, and many housing economists believe that trend could continue. The average rate ...
The Federal Reserve is widely expected to hold interest rates steady this Wednesday during the central bank’s last policy meeting of the year. I...
Federal Reserve Chair Jerome Powell offered a new warning to investors who believe the Fed is finished raising rates and will soon pivot to cutti...