With the latest decline, the average mortgage rate is now back to where it was in mid-May, reflecting a recent pullback in ...

The central bank it has stayed on the sidelines while it evaluates the impact of President Donald Trump's tariffs and other ...

U.S. stocks are drifting higher on Wednesday as Wall Street waits to hear where the Federal Reserve may be taking interest rates.

U.S. financial markets will be closed Thursday in observance of the Juneteenth holiday. The Fed has never delivered a ...

The Fed, an independent federal agency, is widely expected to continue its defiance of Trump. Investors peg the chances of a decision to leave rates unchanged at 99.9%, according to the CME FedWatch ...

Trump named Powell to the position back in 2018, but has been a fierce critic this year. Interest rates remain at an elevated 4.25% to 4.50% even as inflation has fallen near the Fed’s 2% target rate.

Stocks remained higher as Wednesday afternoon trading got under way, with investors focused on the possibility that the U.S. can avoid direct involvement in the Israel-Iran war. Meanwhile, Federal Res ...

European shares slipped as the market awaits the Federal Reserve's monetary policy decision. Middle East tensions and ...

The Federal Reserve is likely to continue waiting for more clarity on the effects of tariffs, taxes and other policies before ...

Donald Trump argued that this rate should be lowered by at least two percentage points to ease high borrowing costs ...