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The average rate on 30-year fixed home loans decreased to 6.67% for the week ending July 3, down from 6.77% last week.
By stubbornly refusing to lower interest rates despite ample data urging him to do so, Fed Chairman Jerome Powell is ...
Treasury Secretary Scott Bessent used a basketball metaphor to explian President Trump's unsually direct confrontation with ...
Recession worries are building once again, as some consumers fear the prospects of higher prices and continued high interest ...
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 ...
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.
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?
Interest rate increases hit homeowners where it hurts most – their monthly budget. While Federal Reserve decisions might seem ...
The Federal Reserve raised interest rates by another 0.75 percentage points Wednesday, as part of its ongoing effort to fight inflation. The big question is, what happens next.
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