October's Consumer Price Index (CPI), which measures changes in the cost of consumer goods and services, showed that annual inflation rose by 2.6%. That's not an alarmingly high rate of inflation.
The Fed is moving policy over time to a more neutral setting, but “the path for getting there is not preset,” Powell said Nov ...
The Bank of Mexico on Thursday lowered its benchmark interest rate by 25 basis points for a third straight meeting, ...
A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank ...
Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the U.S. central bank does ...
Mortgage rates aren’t directly tied to the federal funds rate like savings and CDs. Instead, they’re tied to the 10-year ...
Related: Despite interest rate cuts, mortgage rates rise for home buyers So it's happened this week. Both the Consumer Price ...
Wednesday, but overall, refinance rates were essentially flat. Jumbo refinance loans were among those seeing a modest decline ...
China’s modest fiscal measures disappointed markets, but further stimulus aimed at countering U.S. trade restrictions could ...
The South African Reserve Bank will cut its repo rate next week as slowing inflation continues to make way for a series of ...
Officials lowered interest rates by a combined 0.75 point at their last two meetings.
The U.S. central bank has lowered interest rates by 0.75 point since September.
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