Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the ...

The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.

After years of rate hikes in its effort to tame rising inflation, the central bank has elected to do something it hasn’t done ...

The echo chamber of prominent economists have tried over the years to fit the Phillips curve to reality. Ditch the Phillips ...

The Federal Reserve's much-anticipated interest rate-cutting campaign started with a bang after Jerome Powell and the Federal ...

Market observers, however, had been divided over whether the Fed will impose its typical cut of a quarter of a percentage ...

Even as the nation’s tumultuous pandemic economic era begins to approach its end, the period is destined to leave lingering ...

Donald Trump has argued that the Fed would only cut interest rates close to the election to help his political opponents.

Despite these challenges, the latest report offers some optimism. The four-week average of claims, which smooths out weekly ...

The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto ...

The U.K. pound is up 0.7% to $1.3307, its highest level against the U.S. dollar since March 2022, as traders react to news ...