Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the ...
The Fed's cutting cycle in 1995 sparked an economic boom, with the stock market more than doubling in value by the end of the ...
The U.K. pound is up 0.7% to $1.3307, its highest level against the U.S. dollar since March 2022, as traders react to news ...
The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.
The Federal Reserve handed down a large interest rate cut this week, dialing back the central bank's fight against inflation ...
But while the Fed’s action will surely have political consequences, it wasn’t a political decision. The straight economic ...
Market observers, however, had been divided over whether the Fed will impose its typical cut of a quarter of a percentage ...
Investors have sent stocks and bonds higher on expectations of a soft landing. But some Republicans think the central bank ...
Some forecasters expect the Fed to cut interest rates by a quarter-point Wednesday. Most, however, expect a half-point ...
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
Traders on Thursday added to bets the U.S. Federal Reserve's next rate cut will be smaller than the one it delivered on ...
Indexes rose Thursday as investors digested Wednesday's jumbo rate cut from the Fed and a fall in weekly jobless claims.