The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little relief for prospective home shoppers looking ahead to the spring homebuying ...

The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.

The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.

A desire for low rates confronts a very different economic backdrop—with higher price pressures—from his first term.

The federal funding memo's reversal comes after the original move caused chaos and confusion across the country, including in ...

Chairman Jerome Powell said the central bank is in wait-and-see mode amid mostly positive U.S. economic conditions.

Policymakers left their benchmark rate unchanged amid signs that the economy is humming along, defying the president’s ...

The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to ...

Global shares rose as investors digested earnings from Microsoft and Meta in the wake of this week's rout in technology ...

On Wednesday, advocates in Metro Detroit rallied together at Patton Park in Detroit to emphasize the rights of local ...

Welcome to Investopedia's live blog of the Federal Reserve's January meeting. Here, we will bring you the latest news on the ...

The U.S. dollar was firmer against major currencies on Wednesday after the Federal Reserve left interest rates unchanged as ...