Staff Writer
The interest rate on the most common type of U.S. home mortgage dropped last week to 6.83%, its lowest since June, as the Federal Reserve signaled it is done raising
Federal Reserve Bank of Dallas President Lorie Logan on Saturday warned that the U.S. central bank may need to resume raising its short-term policy rate to keep a recent
The U.S. is "within striking distance" of the Federal Reserve's 2% inflation goal, but the central bank should not rush towards cuts in its
Federal Reserve policymakers have signaled they won't cut U.S. interest rates just yet; economists think they will wait until June, given ongoing strength in household
Inflation is cooling, but not quite quick enough to allow the U.S. central bank to deliver its first interest-rate reduction by March, with traders betting on Friday that May
Federal Reserve Chair Jerome Powell has a tough task on Wednesday as he wraps up the U.S. central bank's first policy meeting of 2024: signaling an end to interest-rate hikes
Federal Reserve policymakers seeking greater confidence that inflation is on track to their 2% goal were dealt a setback on Friday when new data showed
An increase in U.S. inflation last month that was largely in line with expectations likely won't change the calculus for U.S. central bankers weighing when to deliver a first
Chicago Federal Reserve Bank President Austan Goolsbee on Thursday said he believes last year's improvements in the supply of goods and labor set the stage for further
U.S. regional lenders face ongoing challenges from rising deposit costs and risky office-building loans a year after the biggest bank
Federal Reserve policymakers weighing when to start interest-rate cuts got another reason Friday to sit tight for now, after a government report showed
U.S. central bankers are not expected to cut borrowing costs this week, but their new economic projections may be a wild card, potentially signaling fewer interest rate cuts
U.S. central bankers still anticipate cutting interest rates three times this year, according to the median of new economic projections published on Wednesday, but
Cleveland Federal Reserve Bank President Loretta Mester said on Wednesday she expects price pressures to ease further this year, allowing the Fed to reduce borrowing costs,
The U.S. central bank's 2% target for inflation is key to achieving price stability and essential for ensuring economic prosperity, New York Federal
Dallas Federal Reserve President Lorie Logan on Friday said it's not clear if monetary policy is tight enough to bring inflation down to the U.S.
Debate over whether U.S. interest rates are high enough deepened among Federal Reserve officials this week, and may be stoked further after a
Federal Reserve policymakers waiting to see renewed progress on inflation before reducing borrowing costs got some encouraging data on Wednesday with a government report
U.S. job openings fell more than expected in April, pushing the number of available jobs per job-seeker to its lowest in nearly three years as labor market conditions soften
A U.S. job market scorecard that exceeded all forecasts has undercut confidence over when, or even if, the Federal Reserve will begin easing policy this year, putting the
Federal Reserve policymakers have reason to feel more confident that inflation is cooling after a U.S. government report on Wednesday showed consumer prices did not rise at
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