News

Bessent: Trump Using "Bobby Knight... Working The Refs" Strategy On Fed/Interest Rates
Treasury Secretary Scott Bessent used a basketball metaphor to explian President Trump's unsually direct confrontation with ...
Trump says Powell costs US $900B a year in interest by not cutting rates. Is he right?
President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt.
Bessent teases new Aug. 1 deadline for tariffs, says Fed chair can’t cut rates like Trump wants
Treasury Secretary Scott Bessent revealed that the Trump administration is now eyeing Aug. 1 as the date to slap the ...
Fed Chair Powell confirms tariff concerns prevented interest rate cuts so far this year
Fed Chair Jerome Powell said tariff concerns delayed interest rate cuts, stating the central bank would have likely reduced ...
'Should be here': Trump pens handwritten note to Powell demanding lower interest rates
President Trump detailed to Jerome Powell where he thinks interest rates should be set in a handwritten note escalating ...
Mortgage Interest Rates Today: Mortgage Rates Retreat Again After Fed Chair’s Congressional Testimony
The average rate on 30-year fixed home loans from Freddie Mac decreased again to 6.77% for the week ending June 26.
Fed Chair Jerome Powell holds firm on interest rates, resisting pressure to cut
Federal Reserve Chair Jerome Powell, who is testifying before Congress this week, said tariffs are "likely to push up prices.
Why the small chance of a Fed interest-rate hike could burn investors, says rates analyst
Investors face risks from a possible Federal Reserve rate hike, as well as sharp cuts, in the months ahead, says Columbia ...
US Treasury chief says he thinks Fed could lower interest rates by September
U.S. Treasury Secretary Scott Bessent said on Tuesday he believes the Federal Reserve could lower interest rates by September ...
HELOC interest rates vs. home equity loan interest rates: What lending experts say to know this July
Take credit cards, for example. Those short-term borrowing products currently have rates averaging over 21%. Personal loan ...
Rolling Out1d
What interest rate hikes do to your mortgage payment
Interest rate increases hit homeowners where it hurts most – their monthly budget. While Federal Reserve decisions might seem ...