Mortgage rates aren’t directly tied to the federal funds rate like savings and CDs. Instead, they’re tied to the 10-year ...
At least for now. Trump, who appointed Powell as Fed chair, weighed firing him in a disagreement over interest rates in ...
Several Federal Reserve officials Wednesday reiterated their deep uncertainty over how far the central bank will need to ...
Schmid said the Fed's decision last week to cut interest rates by 25 basis points reflected their confidence that both ...
The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.