News

Fed Chair Jerome Powell Signals September Rate Cut in Jackson Hole Speech, Saying 'Balance of Risks' Is Shifting From Inflation to Layoffs

Powell delivered the guidance in a highly anticipated speech on Friday at the central bank's annual symposium in Jackson Hole ...

Economy Primed for Lower Interest Rates as Inflation Remains a Problem

The Federal Reserve is expected to begin lowering interest rates next month, and that should boost the consumer economy.

Powell signals Fed may cut rates soon even as inflation risks remain

Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming ...

Treasury yields rise amid questions on Fed's ability to cut rates in September

Treasurys sold off slightly in Monday morning trading, but held on to the bulk of Friday's rally, as strategists raised ...

Warning Signs Abound In Trade Data As Fed Hints At Lowering Interest Rates

In just three months, tariffs as a percentage of imports quadrupled, topping 10% for the first time in two decades, according ...

Mortgage Interest Rates Today: Mortgage Rates Stay Put-for Now-While Fed's Next Step Looms

The average rate on 30-year fixed home loans registered at 6.58% for the week ending Aug. 21, same as last week.

Stocks fall flat after interest rate announcement rally

Federal Reserve Chair Jerome Powell signaled on Friday that interest rates would be lowered at some point soon, rallying ...

Here are 4 ways lower interest rates could affect your personal finances

Federal Reserve Chair Jerome Powell hinted interest rate cuts could be coming soon in a speech on Friday, a move that could affect everyone from global markets to individual Americans.