For prospective homebuyers, the Fed's cautious approach likely means overall stability for mortgage rates as the spring selling season approaches—although that stability may be at a higher level ...
That metric declined from 4.3% in October to 4.1% in November and had been nearly 5% last spring. TRUMP BLASTS FED FOR NOT CUTTING INTEREST RATES "Despite the stickiness of inflation in recent ...
The Fed has reported consecutive annual losses for the first time ever, with a $114.3 billion loss in 2023 and an estimated $82 billion loss in 2024. The losses stem from the Fed's shift to an ...
The decision was unanimous among the voting members of the Federal Open Market Committee, the panel of Fed officials responsible for setting interest rates. The CME Fed Watch prediction algorithm ...
Here, we will bring you the latest news on the Fed's decision, explain what it means, and provide analysis. As was widely expected, the Federal Reserve held its influential fed funds rate this ...
Wall Street thought the Fed was done lowering interest rates — at least for now. The Jan. 29 announcement of a "pause" proved the money runners were right. "We're not doing anything," the Fed ...
It’s still a work in progress, but strides have been made in Skywater, a project plan to restore the water flow through ...
Emerging from their first policy meeting during Trump’s second term in the White House, Fed Chair Jerome Powell said central bank officials are “waiting to see what policies are enacted ...
When the Fed began raising interest rates in the spring of 2022, Powell was receiving most of his criticism from Democrats — especially Sen. Elizabeth Warren of Massachusetts, who in a June ...
Kylie is the Deputy Live Pages Editor, helping showcase Reuters multimedia coverage of the biggest global stories. She previously worked on the UK Breaking News team, and spent eight years in ...
It’s a move that’s likely to stoke tensions between the central bank and the new president, who has argued that he should have some say in Fed policy. Central bank officials opted to keep ...