News

Federal Reserve chair sends strong message on July interest rate cut
Federal Reserve Chair Jerome Powell on July 1 told a global audience of world bankers, economists, and academics what could ...
Fed Chair Powell confirms tariff concerns prevented interest rate cuts so far this year
Fed Chair Jerome Powell said tariff concerns delayed interest rate cuts, stating the central bank would have likely reduced ...
Powell says the Fed would have cut rates this year if it weren’t for tariffs
The Federal Reserve would likely have lowered interest rates this year if it weren’t for President Donald Trump’s significant ...
Jerome Powell says Fed would have lowered rates already if it weren’t for tariffs
After the widespread uncertainty caused by the tariff policy, Powell said the Fed decided the "prudent thing to do is to wait ...
Fed rate cut bets rise after Powell doesn't rule out July
Financial market bets rose that the Federal Reserve could start interest-rate cuts as soon as this month after Fed Chair ...
Goldman Sachs now sees the next Fed rate cut coming months earlier
Goldman Sachs now expects the Federal Reserve to enact its next interest-rate cut in September — and not December, as ...
'Should be here': Trump pens handwritten note to Powell demanding lower interest rates
President Trump detailed to Jerome Powell where he thinks interest rates should be set in a handwritten note escalating ...
US Treasury chief says he thinks Fed could lower interest rates by September
U.S. Treasury Secretary Scott Bessent said on Tuesday he believes the Federal Reserve could lower interest rates by September ...
Mortgage Interest Rates Today: Mortgage Rates Retreat Again After Fed Chair’s Congressional Testimony
The average rate on 30-year fixed home loans from Freddie Mac decreased again to 6.77% for the week ending June 26.
Trump’s Criticism of Fed’s Rate Decisions Not Necessarily a Threat to Its Independence, BIS Says
The BIS said doubts have been raised about the Trump administration’s commitment to central bank independence, but added the ...
HELOC interest rates vs. home equity loan interest rates: What lending experts say to know this July
Take credit cards, for example. Those short-term borrowing products currently have rates averaging over 21%. Personal loan ...