Last week the US Central Bank (Federal Reserve) cut its policy (federal funds) interest rate by 0.5 per cent or more than ...
Shares in Asia pushed higher on Wednesday, again led by gains in China, after U.S. stocks climbed to more records in a quiet ...
The Conference Board, a business research group, said Tuesday that its consumer confidence index fell to 98.7 in September, ...
After months of speculation, the Federal Reserve cut interest rates last week. Federal Reserve Chair Jerome Powell also announced there are plans for more cuts later this year, and into next year.
Personal finance site SmartAsset recently analyzed home mortgage data and median incomes across the 40 largest metro areas in the U.S. to determine where it’s easiest to pay off a mortgage. To rank ...
Consumers most often mentioned high prices and inflation as factors influencing their view of the economy, The Conference ...
Last November the 30-year mortgage rate approached 8%, now after the Federal Reserve cut interest rates on September 18, it’s ...
According to the Conference Board, the decline seen in September was the largest month-to-month decrease since August 2021.
"Running a too-low real funds rate, which this Fed is apt to do, consequently risks a much higher inflation outcome," ...
Stock indexes continued to climb after a record close on Monday, as investors tuned in to new commentary from Fed officials.
Federal Reserve Governor Michelle Bowman said Tuesday she thought her colleagues should have taken a more measured approach ...
The fed funds rate is the interest rate banks charge each other for overnight loans. The Federal Reserve adjusts this rate to ...