Inflation increased to 2.6% in October, rising modestly from the previous month, according to the Consumer Price Index (CPI) ...
October inflation readings out this week have shown little progress toward the Fed's two percent inflation target, putting ...
The half-point rate cut in September was the Fed’s first rate cut in four years after a series of increases starting in 2022 ...
The crowning legislative achievement of Mr Trump’s first term was the Tax Cuts and Jobs Act (TCJA) of 2017, which lowered ...
Mortgage rates, while still elevated, have fallen into the 6% to 7% range and should continue easing at a slow pace. But the ...
The third quarter was packed with market-shifting headlines-cooling inflation, weakening employment, spiking volatility, ...
Additionally, the median interest rate on a 15-year fixed-rate mortgage is 6.25%, which is unchanged from yesterday. Due to ...
The producer price index — which tracks inflation before it hits consumers — rose 0.2% from September to October, up from a 0 ...
The Labor Department reported Thursday that jobless claim applications fell by 4,000 to 217,000 for the week of Nov. 9.
Futures tied to the Federal Reserve's policy rate edged down after data showed wholesale prices firmed a little more than ...
Traders remain confident that another quarter-point rate cut is coming in December, even if they are less sure about what will happen in the first half of 2025. The market is pricing in an 82% chance ...
This week Steve Grzanich is with Thought Leader Doug McClure (Senior Vice President and Team Leader, Commercial Banking ...