You'll get an idea about when the Federal Reserve might resume cutting interest rates. The Fed and interest rates is a topic ...

This week’s forthcoming Consumer Price Index report could show easing year-on-year inflation, increasing the potential for ...

Faced with the threat of rising inflation, the U.S. Federal Reserve will wait until next quarter before cutting rates again, ...

Unfortunately, that's meant little improvement in terms of mortgage rates. In fact, the average 30-year rate now sits at ...

PIMCO Income Strategy Fund's high yield of 11.45% and its recent performance in the changing bond market landscape.

On Friday the Labor Department reported a 4% unemployment rate last month and the addition of 143,000 jobs, a picture ...

Hammack, a former finance executive at Goldman Sachs who began leading the Cleveland Fed last year, cited high stock valuations and other market-based metrics to suggest that "we may be at or close to ...

Federal Reserve Bank of Cleveland President Beth Hammack said on Tuesday the need to get inflation back to target will keep monetary policy on pause for now.

The central bank is grappling with how quickly to lower interest rates after pausing cuts last month.

The current average mortgage rate on a 30-year fixed mortgage is 6.87%, compared to 6.84% a week earlier, according to the ...

Fed’s hawkish stance and potential reduction in rate cuts for 2025 have unsettled markets. Read more on market expectations, ...

When inflation is high, the Federal Reserve raises the federal funds rate with the goal of cooling off spending. The federal funds rate is the amount banks charge one another for overnight loans.