The Fed sets short-term interest rates, but does not directly control mortgage rates, which tend to move in tandem with the yields on long-term bonds. Those long-term rates are dependent on investor ...

The Fed is in a holding pattern, awaiting more data, with December showing strong consumption but moderate inflation, suggesting disinflationary trends.

The Fed made the right call in hitting pause this week. "I'm not sure that pausing is really all the bad for stocks in the ...

The battle for authority between President Trump and Fed Chairman Powell has begun, with Trump pushing for a rate cut and Powell holding steady.

Trump argued on Wednesday that Powell and the Fed "failed to stop the problem they created with inflation." ...

Economic growth was healthy in 2024, coming in at 2.8% compared to 2.9% in 2023. The continuing expansion is driven by ...

The new data were published Thursday by the Bureau of Economic Analysis in its report for gross domestic product for the ...

U.S. economic growth slowed in the fourth quarter as a strike at Boeing depressed business investment in equipment, but ...

Gross domestic product grew by 2.3 percent in the fourth quarter, capping a more robust year than expected. Policy ...

Washington (CNN) — Another year of robust economic growth is in the books, underscoring how the Biden administration handed President Donald Trump what many consider a solid economy.

A strong employment market, high government spending and weak Aussie dollar could keep the RBA from pushing the button on rate cuts.

The vote was unanimous to keep the rate in the range of 4.25%-4.5%, after lowering rates by a full percentage point at the ...