After their meeting Wednesday, Fed officials held interest rates steady in a range of 4.25% to 4.5%. In December, officials had penciled in two quarter-point cuts for 2025. Also read: Powell takes ...
The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little ...
Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth ...
Freddie Mac’s average rate on a 30-year fixed-rate loan was 6.95% for the week ending January 30, virtually unchanged from a ...
Fed Chair Jerome Powell says, “We do not need to be in a hurry to adjust our policy stance.” ...
Interest rate cuts are always good for most businesses, but we may not be getting the dramatic cuts that we were hoping for.