News

Why Trump might not get rapid interest-rate cuts even after he replaces Fed chief Powell
Trump hopes to get lower rates by replacing Fed Chair Jerome Powell with someone who would do what the president wants. But ...
Fed paper says risk of falling back to near zero rates still in play
The prospect of the Federal Reserve once again setting its short-term interest rate target at near zero levels at some point ...
Chances of Fed Interest Rate Cut Plunge After Strong Jobs Report
The U.S. economy added 147,000 jobs in June, beating analyst expectations, the Bureau of Labor Statistics reported.
Trump demands 'terrible' Fed chair Powell resign immediately, calls for rate cuts
President Donald Trump on Tuesday said Chairman Jerome Powell to resign immediately, and renewed his calls for the central ...
Why interest-rate cuts won’t be the fuel the stock market needs to rocket higher
That’s because there’s no consistent pattern to how the stock market reacts to Fed rate cuts. Sometimes the market will rally ...
A Hazy Inflation Outlook Divides the Fed
Minutes from the Fed’s June policy meeting tease at a looming split over whether and when officials will resume rate cuts.
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Mortgage Rates Snap Falling Streak: Today's Mortgage Interest Rates for July 9, 2025
Fannie Mae now expects rates around 6.5% by the end of 2025 and 6.1% by the end of 2026.
CD moves savers should make before the July Fed meeting
Considering the benefits of a CD account now? Then you'll want to make these three moves before the July Fed meeting.