Relief from higher rates is uncertain

The Fed has two main objectives: maintain maximum employment and contain inflation. Although one single data point is never ...
Credit card debt climbed $24 billion over a three-month stretch ending in September, soaring to a level 8% higher than where ...
Friday’s stronger-than-expected economic data, combined with fresh remarks from Federal Reserve Chairman Jerome Powell on ...
This reality forced Federal Reserve Chairman Jerome Powell to concede the possibility Thursday that the central bank may cut ...
Several Federal Reserve officials Wednesday reiterated their deep uncertainty over how far the central bank will need to ...
Mortgage rates, in particular, surged last year to their highest level since 2000 but have since come down alongside ...
Stepping back from the day-to-day volatility, the bottom line is that interest rates are going to move lower, said Chicago Fed President Austan Goolsbee, on Friday. "As long as we keep making progress ...
Bond traders are giving only slightly better-than-even odds to an interest-rate cut next month as resilient economic data ...