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Key inflation rate shows biggest rise in 6 months, CPI shows, but Fed rate cut still appears in play

A key measure of consumer prices posted the biggest increase in July in six months, suggesting inflation is showing upward ...

Fed holds interest rates steady as two Trump appointees vote to cut them

Fed Chair Jerome Powell said the economy is solid — and that it's also too early to tell how tariffs will affect it.

Fed's policy rate should stay on hold for now, Schmid says

The U.S. central bank should not take tariffs' muted effect on inflation so far as an opportunity to cut interest rates, but ...

Mortgage Interest Rates Today: Mortgage Rates Drop to Four-Month Low as Pressure Mounts on Fed

The average rate on 30-year fixed home loans registered 6.63% for the week ending Aug. 7, down from 6.72% last week.

Why Trump’s Fed nominee may get the cold shoulder at the central bank

In MAGA world, Stephen Miran, the White House economist President Donald Trump nominated last week to the Federal Reserve’s top ranks, is a force to be reckoned with.

The Fed’s foolish interest rate policy is stopping America’s economy from booming

Federal Reserve keeps interest rates high despite rise in unemployment and economic concerns. Decision unnecessarily ...
ABC 7 Chicago2y

Here's what the Fed's interest rate hike means for your wallet and ...

Here's what interest rate hikes have done over time. On a new $300,000 home mortgage, the monthly payment now is about $562 more than it would have been on a mortgage taken out January.