interest rates

Fed's key inflation gauge cools as Americans rushed to buy cars ahead of Trump tariffs

The slowdown in inflation could be a temporary respite until the widespread duties imposed by Trump begin to push up prices in many categories.

Anxious homeowners are fleeing this second-home hub long known as 'Vacationland'

Whether it's the uncertain economy or exploding property values, these coastal New England owners are keen to offload.

Home sales slump at start of crucial spring buying season as high mortgage rates and rising prices deter buyers

Home prices increased on an annual basis for the 21st consecutive month, although at a slower rate.

Trump says he has 'no intention' of firing Fed Chair Jerome Powell — but has a key ask for central bank chief

"I would like to see him be a little more active in terms of his idea to lower interest rates," Trump said.

Trump needs to end his war with Jerome Powell now — one way or another

On Monday, furious over Jerome Powell's refusal to budge on lower interest rates, President Trump took to TruthSocial to call the Fed chair a "major loser," the latest in a...

Trump will study whether to fire Jerome Powell after accusing Fed chair of 'playing politics': adviser

White House economic adviser Kevin Hassett's exchange with the press came a day after Trump ramped up a long-simmering feud with Powell.

Trump issues stark warning for Fed Chair Jerome Powell, intensifying longstanding feud

Trump’s anger was sparked by remarks Powell made Wednesday, when the Fed chair highlighted concerns about the impact of the administration’s tariffs.

Jerome Powell warns Trump tariffs could keep inflation higher for longer than expected as US stocks tank

The Fed chairman warned that the president's hefty tariff rates could reheat inflation and stagnate growth.

Fed minutes reveal 'cautious approach' to cutting rates as risks to economy are mounting

The central bank may face difficult tradeoffs if inflation proved to be more persistent while the outlook for growth and employment weakened.

Goldman Sachs economists forecast more interest rate cuts this year on fears tied to Trump's tariffs

The new forecast sees the Fed lowering rates in July, September and November – an increase from earlier bets on two cuts this year and one in 2026, according to...

Debt consolidation or debt settlement — which is right for you?

There are several factors that can help you choose which method is better for you.

Home sales rise more than expected as mortgage rates ease: 'Buyers slowly entering market'

Sales of previously occupied US homes rose in February as easing mortgage rates and more properties on the market encouraged home shoppers.

Fed leaves interest rates unchanged as it warns on growth, inflation

Central bankers kept their policy unchanged at a target rate between 4.25% and 4.5%, which was reached after a series of three rate cuts in the second half of 2024.

Wholesale prices unexpectedly flat for first time in 7 months as tariff uncertainty lurks

Economists expect the effects of the slew of tariffs by the Trump administration to show in the months ahead.

AOC teams up with Florida Republican Rep. Anna Paulina Luna for bill capping credit card interest at 10%

The current average is nearly three times higher than their proposed limit — at 28.71%.

Fed chair Jerome Powell says he's in no hurry to cut rates amid Trump policy shifts

"We are focused on separating the signal from the noise as the outlook evolves," Jerome Powell said.

US adds 151K jobs in February as hiring holds steady in first full Trump report

The figures came in below expectations of 160,000 jobs, but still represented an increase from January's underwhelming 143,000 jobs.

Pending home sales plunged to all-time low in January — winter weather may be to blame

There were month-over-month declines in the Midwest, South and West, with the most significant drop in the South.

Why the ‘war on inflation’ is over — even though the ‘experts’ don’t get it

The war is over: not the war in Ukraine or Gaza – I mean the war on inflation. 

Housing market mired in slump as January home sales drop more than expected

Home prices increased on an annual basis for the 19th consecutive month, while mortgage rates remain elevated.