with the average interest rate on a 30-year fixed-rate loan sitting at about 6.72%, according to Freddie Mac. That's up ...
Later he added," Not permitted under the law." Trump became very critical of Powell toward the end of his first term in ...
After a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point ...
When inflation is high and the economy is in overdrive, the Fed tries to pump the brakes by discouraging borrowing. It does ...
The Federal Open Market Committee unanimously voted to lower interest rates by a quarter of a percentage point on Thursday.
Jerome Powell speaks after Federal Reserve announces interest rate decision ...