As interest rates rose, banks charged more for credit cards and loans, but held rates paid on savings accounts.
Many economists have felt relief over continued GDP growth. But ongoing data releases suggest that the foundation of the economy — consumer spending — isn’t sustainable.
two days after the end of the Fed’s upcoming policy meeting, but analysts expect the monthly increase in core inflation may translate to an annual rate of less than 2%. Inflation “is getting ...
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Such a policy could just about be read as consistent with also wanting to maintain the dollar as the pre-eminent reserve ...
Inflation has been around since the days of Alexander the Great and it's not showing any signs of going away. In combating ...
After notching a new 5-month peak at the start of last week, 30-year refi rates have dropped every day since. Rates moved ...
These are today's mortgage and refinance rates. Mortgage rates have eased thanks to cooler inflation data, but it's unclear ...
It even continued to sink after the Fed hiked the federal funds rate in December 2018, guessing correctly that rate ...
U.S. President Donald Trump on Thursday said he would demand that interest rates drop immediately, and that other countries should follow suit - marking his first broadside at Federal Reserve monetary ...