Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ...

The interest rate cut that's been anticipated by millions of Americans for all of 2025 finally seems to be happening. After the Federal Reserve kept rates frozen for the first eight months of the year ...

President Donald Trump has called for a rate cut for multiple months and could get his wish on Wednesday, with Federal Reserve Chairman Jerome Powell expected to announce a rate cut of at least 25 ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. And while a cut will impact a wide variety of products and loans, its ...

I don’t want to sound ungrateful, but I have what you may regard as a controversial question: Am I the biggest loser with the Federal Reserve’s interest-rate cut, which I assumed will have happened by ...

Inflation has been running above the annual 2% target set by the Federal Reserve. Accelerating inflation has been running above the annual 2% target set by the Federal Reserve. For some households, ...

Jay Powell’s dovish turn at Jackson Hole should be welcome news to would-be homebuyers. The average mortgage rate on a 30-year fixed is around 6.6%, according to government housing agency Freddie Mac.