The Federal Reserve raised interest rates at the fastest pace in 40 years during 2022 and 2023 in an effort to rein in ...
Entering 2020, the 30-year fixed-rate mortgage was already below 4 percent. Then the onset of the COVID-19 pandemic brought ...
While still elevated compared to recent history, the best savings account yields dropped as a result. The Fed began 2025, though, by keeping interest rates unchanged, and is only expect to pare ...
US Treasury Secretary Scott Bessent said late Wednesday, the “focus is on bringing down 10-year Treasury yields, rather than the Fed’s benchmark short-term interest rate.” Failure to get the tax bill ...
The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.
Aggregate US debt is $101.353T, or 3.45x GDP, indicating a historically high leverage that risks recession. Read why ...
The Federal Reserve on Wednesday hit pause on interest rate cuts in its first key decision of President Donald Trump’s second ...
Retail and foreign investors are pouring into US stocks, driving the S&P 500 to a 5% weekly gain and its first 2025 all-time ...
The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little ...
The quarter-point reduction marks a step down from the Bank of Canada’s moves to cut by an oversized 50 basis points in its two previous decisions.