News

The 10-year Treasury Bond yield is the benchmark for longer-term interest rates like the 30-year fixed mortgage, currently hovering around 6.8%. The Fed has set an inflation target of 2% before it ...
The Fed is maintaining its benchmark interest rate in the range of 4.25% to 4.5%, where it's been parked since December.
The Fed left its benchmark interest rate unchanged following its July policy meeting amid uncertainty over the impact of ...
Setting rates is sometimes more art than science, especially when the economy keeps defying predictions. Fed officials are ...
Federal Reserve policymakers didn’t rock the boat on Wednesday, opting yet again to keep interest rates steady as they wait ...
Last week’s surprisingly poor jobs report and massive downward revisions to previous months’ data have spurred renewed pressure on the Fed to cut rates.
Federal Reserve holds steady on interest level but vote saw a pair of dissenting votes for the first time in decades ...
President Donald Trump said Tuesday that Treasury Secretary Scott Bessent is no longer a possibility to replace Federal ...
Federal Reserve officials are split on whether to slash interest rates as President Donald Trump favors rate cuts based on ...
The Federal Reserve said it is holding rates steady for the fifth-straight time despite President Donald Trump’s push the ...
Americans are paying the price for the Federal Reserve's flurry of interest rate hikes, engineered to battle the hottest inflation in 40 years, through sharply higher borrowing costs.