The U.S. central bank’s decision to hold interest rates steady in June was unanimously supported, but officials were starting ...

The minutes reveal more closely the behind closed doors thinking between the U.S.’ top policymakers with the Fed under ...

With new economic data pulling the Fed in both directions, surveys of U.S. chief financial officers from the Fed and of ...

This month, it decided to keep the benchmark rate at the same range of 4.25% to 4.50%. When interest rates are high, like they are now, the banks have to pay more to borrow money, and so do you, for ...

Federal Reserve Chair Jerome Powell said the central bank would have likely already moved to lower borrowing costs if it ...

Here's a question some Fed-watchers, including the President of the United States, have asked lately: Why won't the Fed cut ...

The BIS said doubts have been raised about the Trump administration’s commitment to central bank independence, but added the ...

The Fed also forecasted two quarter-point interest-rate cuts over the remainder of 2025, carrying over a prediction issued in ...

Federal Reserve Chief Jerome Powell said it is premature to lower interest rates, citing the potential impact of tariffs.

The article Weekly Mortgage Rates Continue to Fall as the Fed Debates Timing originally appeared on NerdWallet.

But the rate-setting committee has signaled it will first need to see clear signs that the job market is softening. The Fed’s benchmark rate is set at a range of 4.25 to 4.5 percent.

The Federal Reserve Board will announce its next rate decision today, June 18, at 2 p.m. EST.