Powell Senate testimony: Fewer interest-rate cuts seen in wake of hearing
Federal Reserve Chairman Jerome Powell will answer questions from members of the Senate Banking Committee starting at 10 a.m. Eastern. Economists hope the lawmakers will press Powell on what he means when he said there is "no hurry" to cut the benchmark interest rate any further.
The Fed faces complex decisions as it decides how quickly to cut rates or whether to raise them amid Trump's tariffs and ...
If you look at the biggest industry forecasts, analysts predict that mortgage rates will either hold steady or drop slightly ...
This week’s forthcoming Consumer Price Index report could show easing year-on-year inflation, increasing the potential for ...
The Fed chose to reduce its benchmark interest rate three times at consecutive meetings in late 2024. Why stop now? If ...
Faced with the threat of rising inflation, the U.S. Federal Reserve will wait until next quarter before cutting rates again, ...
The January jobs report revealed a drop in the unemployment rate to 4%, accompanied by payroll gains of 143,000. A Fed ...
The Federal Reserve’s decision on Wednesday to keep its overnight bank lending rate where it is — following a full percentage ...
It's important to understand that the Fed's decision to pause rate cuts will not directly impact mortgage rates. Mortgage ...
1don MSN
Steady hiring and a mostly-healthy job market suggest that there is less of an urgent need for the Fed to reduce borrowing ...
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