News

SEE IT: The pricey Federal Reserve renovation project at center of controversy
Fed Reserve Chair Jerome Powell responded to the Trump administration's inquiry about its $2.5 billion headquarters ...
Mortgage Interest Rates Today: Mortgage Rates Climb Again After Inflation Uptick
The average rate on 30-year fixed home loans increased to 6.75% for the week ending July 17, up from 6.72% last week.
Powell doesn't comment on economy or interest rates in brief remarks
Federal Reserve Chair Jerome Powell on Tuesday didn't comment on the outlook for the economy or interest rates. In his brief remarks at the start of a conference at the central bank on large bank ...
3 Big Banks Just Boosted CD Rates—Here’s Why That’s Surprising Right Now
Several large U.S. banks announced CD rate increases today—a welcome development at a time when most CD shoppers have been ...
NPR1y
Federal Reserve holds interest rates steady, projects three rate cuts ...
Federal Reserve holds interest rates steady, projects three rate cuts later this year. Updated March 20, 2024 5:32 PM ET Originally published March 20, 2024 2:06 PM ET. Scott Horsley ...
Bessent eyes government review of Federal Reserve as Trump weighs firing Powell
Treasury Secretary Scott Bessent suggested on Monday that the government could open an investigation into the Federal Reserve ...
Are Current Interest Rates Too High? What Is Normal?
Explore how the U-shaped yield curve, Treasury rates, and inflation trends align with Trump's rate cut call, offering ...
NPR2y
The Fed raises interest rates by only a quarter point : NPR
The Federal Reserve raised interest rates by a quarter percentage point as part of its ongoing effort to fight inflation. Price hikes have begun to ease, but the Fed says inflation is not yet ...