The average rate on 30-year fixed home loans registered at 6.3% for the week ending Sept. 25, up from 6.26% last week.
People watch the Fed closely because its decision to change its FFR target affects financial markets and the economy in many ...
Lower interest rates can help promote economic growth—as long as those rates are determined by the market and not by ...
Stephen Miran has spoken publicly for the first time since President Donald Trump appointed him to the Federal Reserve Board ...
Now that the Federal Reserve has signaled lower interest rates are likely to come in the next month or so, attention will turn back to the underlying health of the economy. That will be clearer this ...
Gross domestic product, a measure of total economic output, rose at an annualized rate of 3.8% from April through June.
By Michael S. Derby (Reuters) -Federal Reserve Bank of Kansas City President Jeffrey Schmid said on Thursday that last week’s ...
What really concerns the Fed is ensuring rising asset prices for Wall Street while pushing cheap credit to finance federal ...
The Fed cut their target for the federal funds rate by 25 basis points last week due to concerns about labor market weakness.
Hong Kongs central bank lowered its base interest rate by 25 basis points to 4.50% on Thursday, mirroring the U.S. Federal ...
Russia's central bank on Friday cut its key interest rate, but warned inflation was still too high, amid growing concerns over an economic slowdown amid the Ukraine offensive. Russia's economy is ...
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