On Monday, the average rate on a 30-year fixed mortgage was around 6.92%, according to Bankrate data, which is 0.19% lower than January's peak of 7.11%. Where rates go next hinges on the upcoming ...

The US Bureau of Labor Statistics will release the January 2025 Consumer Price Index (CPI) data on February 12 at 8:30 AM ...

A Fed interest rate cut won’t be coming until at least September, if at all this year, following a troubling inflation report Wednesday.

Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the ...

Recent sticky inflation data backs the Federal Reserve's decision last month to hit the brakes on additional rate cuts, ...

Bitcoin briefly dipped below $95,000 on Feb. 12, minutes after the US Bureau of Labor Statistics released CPI and inflation ...

Stronger-than-expected inflation and labor market data into the end of 2024 led to the US Federal Reserve's decision to pause ...

Last year, Trump suggested the U.S. president should have "at least" a say over setting interest rates, something that would ...

Federal Reserve Chair Jerome Powell reiterated that he doesn’t believe the president of the United States has the authority ...

The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job ...

The US central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday.