News

Inflation Crushes Hopes That Federal Reserve Will Cut Interest Rates in July
Key Takeaways Inflation rose in June, moving further from the Federal Reserve's goal of 2% each year.This flare of inflation ...
Traders stick to bets on September Fed rate cut after inflation report
The Federal Reserve will likely be able to start cutting short-term borrowing costs by September, traders continued to bet on ...
Fed Chair Contender Is Now in Favor of Cutting Rates, Just as Trump Wants
Kevin Warsh, a top contender to replace Jerome Powell as chair of the Federal Reserve, is finally ready to cut interest rates ...
Fed official reveals why America's economy remains 'really healthy' despite holding off on rate cuts
Bank of Cleveland President Beth Hammack said that she does not see an immediate reason to cut interest rates and that the ...
Why the June CPI Isn’t a Gamechanger for the Fed
The June inflation data is likely to keep Federal Reserve officials cautious, open to cutting interest rates later this year ...
Fed's Hammack sees no urgent reason to lower rates - Fox Business
By Michael S. Derby (Reuters) -Federal Reserve Bank of Cleveland President Beth Hammack said on Monday she sees no imminent ...
Fed's extended rate hike campaign is expanding banks' net interest margins, says Argus Research's Biggar
CNBC's "Closing Bell" team discusses what to expect from upcoming bank earnings with Stephen Biggar, director of financial ...
Mortgage Interest Rates Today: Mortgage Rates Rise After Strong Jobs Report
The average rate on 30-year fixed home loans increased to 6.72% for the week ending July 10, up from 6.67% last week.