Key Takeaways The Federal Reserve expects to cut its influential federal funds rate at a slower pace in the new year than ...

In remarks at a postmeeting press conference on Wednesday, Fed Chair Jerome Powell said that policymakers are now equally ...

The central bank has cut its benchmark interest rate three times in 2024, but mortgage rates haven't followed suit. In fact, ...

After ebbing slightly at the end of last week, 30-year mortgage rates surged to a five-month high. Rate movement was mixed ...

The Fed announced its third straight rate cut this week, also signaling that additional reductions are likely in 2025. What ...

Federal Reserve leaders are unified in their resolve to quash the worst bout of inflation in four decades. They just no ...

The effects of the Fed’s half-point rate cut in September and its quarter-point cut in November have largely been passed through to auto loans, which fell on average from a peak of 7.3% in July to 6.8 ...

Open a new bank account today and earn a top interest rate. Our experts have researched the best rates on checking, savings, ...

The stock market had a surprisingly good year. What a wonderful year 2024 has been for investors. U.S. stocks ripped higher and carried the S&P 500 to records as the economy kept growing and the ...

The dollar edged higher on Tuesday in thin holiday trading as the expected slower path of interest rate cuts from the U.S.

These are today's mortgage and refinance rates. Mortgage rates were supposed to drop in 2025, but sticky inflation has pushed them back up recently.

Based on the Fed's new decision, interest rates are now reduced by a quarter percentage point, moving to a range of 4.25 and 4.5 percent.