Mortgage demand drops further, even as interest rates settle
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) remained ...
Fed likely to hold rates steady despite Trump call for cuts as it awaits tariff, immigration changes
Outside of a U.S. President bending norms, the Fed also faces challenges in achieving its economic objectives. Inflation ...
Fed pauses interest rate cuts amid rising inflation concerns
After a two-day meeting of its monetary policy committee in Washington, the Fed announced it would hold its rate target at 4.25% to 4.50%.
Fed holds rates steady, hitting pause after series of cuts
The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to ...
Fed stands pat on interest rates, ending a string of cuts that could have boosted downtown development
Developers say new downtown construction won’t grind to a halt. Some projects will score financing and the number of ...
The Fed is pausing interest rates as most investors expected — and stocks decline on the news
The meeting went as expected, with no changes to interest rates. But the S&P 500 broad index of large cap stocks declined on ...
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How the economy responds to Fed decisions is … complicated
Usually, housing is very sensitive to Fed rate changes. But the last few cuts have actually corresponded with mortgage rate ...
Powell pushes back on Musk's claim Fed is 'absurdly overstaffed'
Federal Reserve Chair Jerome Powell pushed back on billionaire Elon Musk's claim the central bank is "absurdly overstaffed," ...
Wall Street slips after the Federal Reserve keeps interest rates steady
U.S. stocks slipped after the Federal Reserve held its main interest rate steady and broke a run of cuts that began in ...
ECB to cut interest rates, keep door open to further easing
The European Central Bank is all but certain to cut interest rates on Thursday and is likely to keep open the door to further ...
Fed holds interest rate steady, despite Trump's calls for a cut
Federal Reserve officials held interest rates steady following their first policy meeting to take place during the second ...
Fed chair calls for Congress to move on crypto ’regulatory apparatus’
The price of Bitcoin briefly moved above $104,000 as Jerome Powell fielded questions on crypto regulation and the Fed ...