News

Mortgage Rates Dropped Ahead of This Week's Fed Meeting—But the Link May Be Weaker Than You Think
Mortgage rates have dropped, but it's not likely tied to the latest Fed news. Here’s why waiting for a Fed rate cut could be ...
Did the Fed just royally screw up?
That same day, Fed Chair Jerome Powell told reporters that a “solid” labor market means central bankers still have the luxury ...
Fed Governors Michelle Bowman and Christopher Waller wanted 25-basis-point cut at this week's meeting
Federal Reserve Governors Bowman and Waller dissented from this week's decision to hold interest rates steady and explained ...
U.S. Economy Grew 3% Despite Trump's Tariffs as He Repeats Call for Fed Chair To Lower Rates
The economy grew at a healthy rate despite the back-and-forth with Trump's tariffs, but the true test will come after the ...
Trump fires US labor official over data and gets earlier than expected chance to reshape Fed
In a second surprise economic policy development, Fed Governor Adriana Kugler unexpectedly announced her resignation on ...
Fed Officials Take Cool Jobs Report in Stride
The New York Fed’s John Williams says the labor market remains solid, even after unusually large downward revisions to job ...
The Jobs Report Stunned. The Fed Has to Recalculate.
The Fed’s next policy meeting is six weeks away. That leaves time for another jobs report, fresh inflation data, and the ...