US Federal Reserve chair Jerome Powell damped expectations of impending interest rate cuts on Tuesday — a sign that the Fed ...
These are today's mortgage and refinance rates. High rates are keeping would-be homebuyers out of the market. But some relief ...
Federal Reserve Vice Chair Philip Jefferson suggested Tuesday that the central bank's key rate may have to remain at its peak ...
Federal Reserve Chair Jerome Powell on Tuesday said that it is taking longer than previously expected for inflation to reach ...
on How Quickly Interest Rates Will Fall? The nearly unanimous view now is that the Fed is done hiking rates, but there’s still much debate about when and how it will cut. We diverge from the ...
A live TV news station covering breaking news and traffic for Colorado Springs, Pueblo, and Southern Colorado with a strong ...
As recently as last week, Powell, appearing at an event at Stanford University, said the Fed broadly expects inflation to decline by enough to keep ... finished hiking interest rates, according ...
The world’s biggest bond market extended this month’s selloff after solid economic readings and hawkish Fedspeak reinforced speculation that interest rates will be higher for longer. Treasuries fell ...
"You're not going to see meaningful downward pressure on shelter costs until the Fed lowers interest rates," JPMorgan's Jack ...
Interest rates are currently nestled at a 23-year high after the Fed launched an aggressive rate-hiking campaign two years ago. Inflation is down considerably from a four-decade peak reached in ...
So the Fed can keep interest rates higher for longer to cool price rises — although the central bank also has room to cut should the labor market "unexpectedly weaken," Powell added.