Mortgage rates haven’t been this low in nearly a year. Thank the Fed — but not entirely

The Federal Reserve’s rate cut this week is rippling through the housing market, sending mortgage rates lower and spurring a jump in refinancing.

Dollar rebounds as Fed rate cut fails to meet dovish expectations

The U.S. dollar was choppy on Thursday as traders parsed the Federal Reserve's measured stance on further interest rate cuts, while focus also turned to the Bank of England's scheduled policy decision,

Treasury yields rise after Fed rate cut, with Powell in no ‘sprint’ to loosen policy

Investors in the bond market are adjusting their positioning in the aftermath of the Fed’s shift in monetary policy.

The Fed cuts rates, America's FICO dips, and forever ends for sweepstakes winners

It’s … Indicators of the Week! Our weekly look at some of the most fascinating economic numbers from the news. On today’s show: A rate cut and drama at the Federal Reserve, the average American gets a little less creditworthy,

New Fed Governor Stephen Miran Submitted Economic Projections

Fed governor Stephen Miran was sworn in just before the Federal Reserve’s September policy meeting kicked off Tuesday morning. Yet, he still submitted his projections for economic conditions and his assessment of the appropriate future path for monetary policy.

The Fed cuts interest rates by 25 basis points after disappointing job growth — and mounting political pressure

Federal Reserve Chair Jerome Powell said the central bank will cut interest rates by a quarter point, following rising inflation and slow job growth.

Markets Anticipated the Fed's Shift in Priorities

The Federal Reserve's interest-rate cut and the prospect of more reductions to come indicate that the central bank is giving priority to growth in a way that makes a recession much less likely. Financial markets expected this.

More than $1 million in cocaine seized at Fed-Ex facility in Massachusetts

More than $1 million in cocaine was confiscated by police in Wilmington, Massachusetts earlier this week. The cocaine was seized at a Fed-Ex facility. Police said more than 15 kilograms of the drug was confiscated.
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