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The prospect of the Federal Reserve once again setting its short-term interest rate target at near zero levels at some point ...
The average rate on 30-year fixed home loans decreased to 6.67% for the week ending July 3, down from 6.77% last week.
The Federal Reserve can’t assume its benchmark lending rate won’t return to zero at some point in the future, according to a ...
Treasury Secretary Scott Bessent used a basketball metaphor to explian President Trump's unsually direct confrontation with ...
1don MSN
Treasury Secretary Scott Bessent revealed that the Trump administration is now eyeing Aug. 1 as the date to slap the ...
The Fed raised its key interest rate by a quarter point, opened the door to another hike. Inflation has eased but officials worry it could spike again. $3,500 iPhone possible?
Now, with the most recent CPI reading (for May 2025) coming in at an annualized rate of just 2.4%, the Fed has penciled in ...
When the Federal Reserve hikes interest rates, the interest rate on your savings account usually follows in step. But recently, that logic hasn't held up.
At the close of a two-day meeting that starts Tuesday, the Fed was expected to keep its key short-term interest rate unchanged at a 23-year high of 5.25% to 5.5%.
Interest rate increases hit homeowners where it hurts most – their monthly budget. While Federal Reserve decisions might seem ...
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