The Fed has a dual mandate from Congress to act independently to tackle both inflation and unemployment -- primarily by ...
A sense of déjà vu overwhelmed Wall Street this week, as Donald Trump’s election win gave the stock market a jolt similar to ...
and despite the Fed cutting rates again on Nov. 7, mortgage rates are expected to continue to rise in the coming days based ...
“Recent indicators suggest that economic activity has continued to expand at a solid pace,” the Fed explained in a statement.
The Federal Reserve has cut short-term interest rates by 25 basis points. Nevertheless, mortgage rates went up again.
This prediction is not based on any inflation forecasts or labor market trends. It instead is based on the strong ... This suggests that the Fed is more independent in setting interest rates than the ...
The S&P 500 rose 0.4% to cap its biggest weekly gain since early November 2023 and briefly crossed above the 6,000 level for the first time. The Dow Jones Industrial Average climbed 259 points, or 0.6 ...
The Fed cut rates for the second time this year. Learn how this impacts mortgage rates and what to expect in the coming ...
Between Trump's reelection and further Fed rate cuts, there's a lot happening that could shape the housing market. We take a ...
Stocks closed at record highs on Friday, with the S&P 500, Dow Jones, and Nasdaq 100 all notching their biggest weekly gain ...