Fed Holds Rates Steady
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The Federal Reserve is contending with rising inflation amid the war and a lackluster job market, along with the departure of Fed Chair Jerome Powell.
One word in the Fed’s lengthy policy statement has caused consternation among its officials, with some warning that it could end up costing the economy.
Expectations of rate cuts this year have fallen significantly, even as Kevin Warsh, a Trump nominee, gets set to replace Jerome Powell as Fed chair.
The Federal Reserve is keeping interest rates paused. Here's what that may mean for mortgage interest rates.
The Federal Reserve made headlines in April by choosing to hold interest rates steady, extending an ongoing pause. Of course, that pause wasn’t exactly a surprise. Inflation soared in March in the wake of the Iran conflict.
The Federal Reserve concluded its third meeting of the year by maintaining the federal funds rate at 3.50%–3.75%.
The Federal Reserve kept interest rates on hold this week. Here's what mortgage interest rates look like now.
Interest rate decisions by the Federal Reserve influence CD rates. Interest rates for certificates of deposit have soared in recent years along with rates for savings accounts, mortgages and other financial products.
Hawkish Fed dissenters warn of an alarming shift in the interest-rate outlook as inflation risks rise, signaling deeper divisions within policymakers.