The Fed’s short-term rates matter, but the main action now is in the 10-year Treasury market, which influences mortgages, ...

Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest ...

The Fed faces complex decisions as it decides how quickly to cut rates or whether to raise them amid Trump's tariffs and ...

Consumer spending, which accounts for more than two-thirds of U.S. economic activity, jumped 0.7% in December after an upwardly revised 0.6% rise in November. Spending was previously reported to have ...

The financial landscape in 2025 is shaping up to be anything but predictable. With shifting economic policies, lingering ...

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

Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the ...

mainly due to recent interest rate cuts and consumers’ expectation of further cuts ahead. This contributed to improved consumer sentiment. Fewer consumers reported that they are spending less or plan ...

It's important to understand that the Fed's decision to pause rate cuts will not directly impact mortgage rates. Mortgage rates are actually driven by a range of factors, including the Fed's rate ...

Experian examined representative and anonymized credit data through Q3 2024 to identify trends within average and total debt ...

Sen. John Kennedy, a Republican from Louisiana, praised Powell and the Fed for bringing down inflation from a 9.1% peak in ...