The U.S. stock market's post-election rally hit a speed bump. It was probably due for a pullback after surging in the wake of Donald Trump's Nov. 5 presidential election victory, the only question was ...
These are today's mortgage and refinance rates. Mortgage rates have increased a bit as markets look to whether the Fed will ...
Power said more rate cuts are likely underway because the economy’s current trends and dynamics are expected to remain in ...
The yield has risen 73.6 basis points over the past seven weeks, according to Dow Jones Market Data. On Friday, traders were ...
The stock market's "Trump bump" that followed his victory over Vice President Kamala Harris in last week's election appears ...
Wall Street's main indexes closed lower on Friday, with the S&P 500 and Nasdaq notching their biggest one-day losses in two ...
Fed watchers see a greater chance the central bank may skip a rate cut at its last meeting of the year in December.
Richmond Fed president Tom Barkin said Friday that he expects inflation will continue to drop into next year and hinted at ...
The Fed has two main objectives: maintain maximum employment and contain inflation. Although one single data point is never ...
Jerome Powell's comment that the Fed won't be quick to make rate cuts raised mortgage rates to an even higher level on Friday, eclipsing 7%.
Marc Short, who served as chief of staff to former Vice President Mike Pence, affirmed President-elect Trump’s decision to ...
But if inflation continues to inch upward, the central bank may decide it needs to leave rates high to avoid a repeat of ...