After their meeting Wednesday, Fed officials held interest rates steady in a range of 4.25% to 4.5%. In December, officials had penciled in two quarter-point cuts for 2025. Also read: Powell takes ...
Gold prices rose to hit a lifetime high on Thursday while the focus was also on a crucial inflation report for clues on the ...
It takes time for the Fed’s decisions to filter through the economy — and then even more time for consumers to see the ...
Rates on 30-year refinance loans dropped another 2 basis points Wednesday, nudging to average down to 7.03%. That's now the cheapest level for 30-year refi rates since Dec. 18. In September, 30-year ...
In September, rates plunged to a two-year low, falling as far as 5.89%. But over the following three-plus months, the average surged almost 1.25 percentage points—before recently easing lower.
Both gold and Treasury bonds offer unique advantages, experts say — but one may be better than the other in 2025.
Another year of robust economic growth is in the books, underscoring how the Biden administration handed President Donald Trump what many consider a solid economy.
Despite making similar moves in the recent past, the European Central Bank and the Federal Reserve are now at different ...
The European Central Bank cut interest rates on Thursday and kept the door open to further policy easing as concerns over lacklustre economic growth supersede worries about persistent inflation.
The U.S. economy grew 2.3% in the fourth quarter as consumers again powered gains. Here's what the showing could mean for Fed ...
Bitcoin and crypto traders are braced for the Federal Reserve's latest interest rate decision after U.S. president Donald ...
The mood at Reagan National Airport is somber following a devastating plane crash near Washington, DC, hours ago. Family members of likely victims are waiting anxiously for answers as first responders ...