News

At the end of its Federal Open Market Committee session on May 7, 2025, the Fed announced holding the ... with meeting minutes released about three weeks later. The FOMC is the committee within ...
Conversely, the logic goes, when the Fed lowers the federal funds rate, it's expected that mortgage rates will fall. So, if the Fed reduces its benchmark rate later this year, can we expect ...
Federal Reserve Chair Jerome Powell made clear on Wednesday that the central bank isn’t preparing to intervene in financial markets, even as stocks slide and uncertainty mounts. Markets, he said ...
In the meantime, if you need to tap your home equity, a HELOC may be a better choice than a home equity loan. That's because ...
Powell contrasts the situation today to that in 2019, when the Fed made a series of preemptive cuts to forestall an economic slowdown. The big difference this time, he says, is that inflation is ...
The Federal Reserve lending rate remained unchanged amid economic uncertainty caused by the Trump administration's tariffs.