News

Possible Trump pick for Fed has a plan to cut interest rates, with a catch
Kevin Warsh, the former Fed governor considered the most likely replacement for Jerome Powell to lead the Fed, on Monday ...
In the Fed's hunt for a reason to cut rates, surveys and tariffs make answers elusive
Recent national and global surveys of business executives have highlighted the U.S. Federal Reserve's dilemma in determining ...
CNET on MSN2h
Rates Decline for Prospective Buyers: Mortgage Interest Rates Today for July 8, 2025
Any drop in mortgage rates is good news for homebuyers, but rates still remain high compared to a few years ago.
Chances of Fed Interest Rate Cut Plunge After Strong Jobs Report
The U.S. economy added 147,000 jobs in June, beating analyst expectations, the Bureau of Labor Statistics reported.
Fed May Cut Rates Sooner Than Expected, Beschloss Says
Afsaneh Beschloss, Rock Creek Group CEO and founder, says with the new tariffs announced by President Donald Trump, ...
Fed sees ~9% probability of rates hitting zero in medium- to long-term
Researchers from the Federal Reserve Banks of New York and San Francisco studied financial markets to divine the probability ...
Fed Study Finds 9% Chance of Rates Hitting Zero in Medium Term
The Federal Reserve can’t assume its benchmark lending rate won’t return to zero at some point in the future, according to ...
Fed Chair Powell says he won't rule out interest rate cut this month
Federal Reserve Chair Jerome Powell said on Tuesday he would not rule out a potential interest rate cut as soon as this month ...
USA Today1y
Fed raises interest rates again, leaves another hike on table - USA TODAY
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?
The Fed's Interest Rate Cuts Foreshadowed the Recent Stock Market Correction. Here's What Might Happen Next.
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 two further cuts this year. Wall Street agrees, as the CME Group 's FedWatch ...
USA Today1y
Fed rates likely to stay higher for longer - USA TODAY
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%.
NPR2y
The Fed has been raising interest rates — so why are savings interest rates low? - NPR
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.