WASHINGTON, Sept 29 (Reuters) - Sales of previously owned U.S. homes increased solidly in August as lower mortgage rates pulled buyers back into the market, though a softening labor market could curb ...

CAIRO, Sept 29 (Reuters) - The Central Bank of Egypt is expected to lower its overnight interest rates by 100 basis points on Thursday as inflation continues to abate, a Reuters poll showed. The ...

Former Federal Reserve Bank of St. Louis President James Bullard says the Federal Reserve was right to not cut interest rates by 50 basis points this week. He says the central bank should not abandon ...

Stephen Miran, who joined the central bank last week, said he believed rates should be around 2.5 percent, or about two percentage points lower than they now are. By Colby Smith President Trump wants ...

During the last three years, mortgage rates have been on the rise. In early 2022, the average 30-year fixed rate was 4.72% and the 15-year fixed rate was 3.91%. Rates reached a recent peak in late ...

・Higher education consistently lowers unemployment risk. Federal data show that people with a bachelor’s degree or higher have unemployment rates roughly half those of individuals with only a high ...

1551 ET – Treasury yields rise for the week, despite today’s mixed performance. Next week brings September employment data seen as fundamental to determine the Fed’s next steps. BNP Paribas’ Andrew ...

The Federal Reserve on Wednesday delivered its first rate cut since December, a move that will ripple through everything from home loans to credit cards, although not all Americans will notice the ...

LOS ANGELES (AP) — Hoping that mortgage rates will keep dropping following the Federal Reserve’s first rate cut since last year? Don’t bank on it. As expected, the central bank delivered a ...

Jerome H. Powell, chair of the Federal Reserve, suggested he saw further scope to lower interest rates this year to protect the labor market despite rising inflation. By Colby Smith Colby Smith covers ...

ST. LOUIS – Ameren’s proposal for a new data center could raise electric bills for Missouri customers by about $22 million a year, according to a staff report from the Missouri Public Service ...

After a year of sitting on the sidelines, the Federal Reserve finally cut short-term interest rates by a quarter-point. It's perhaps the most boring financial news out there, given that many market ...