Inflation has risen three per cent in the 12 months to August, putting hopes of immediate rate relief "off the table".
Last week, the Fed voted to cut interest rates in a decision that expressed unity despite a sole dissent. But a mere week later, commentary from central bankers is foreshadowing disagreement to come.
Despite Micron's upbeat report and guidance, its stock rose less than 1% in extended trading. As CNBC's Kif Leswing points out, the muted reaction may be explained by the stock's big run already: ...
Powell leads the panel that sets federal monetary policy and was speaking for the first time since the committee voted to cut interest rates.
The Fed's recent rate cut could lead to lower rates on new loans, plus a great refinancing opportunity on existing ones. Here ...
A reduction in interest rates could improve conditions in the housing market and lead to greater sales growth for Opendoor.
Stocks declined on Wednesday, echoing losses on Wall Street overnight, while the dollar rose after Federal Reserve Chair ...
Gold prices steadied on Wednesday, trading near the record high hit the day before, as expectations of further U.S. interest ...
Lower Fed rates don't always mean lower mortgage costs. Learn why, what you can control, and how to save smarter -- read this ...
Fed Chair Powell signals cautious approach to rate cuts as central bank balances inflation concerns against signs of labor ...
Today's highest CD rate is 4.94% for a jumbo 6-month CD. CD rates from online banks are commonly twice as high as the ...
Today's average mortgage rate on a 30-year fixed-rate mortgage is 6.35%, up 3.22% from the previous week, according to the ...
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