In addition, deportations may be impacting the numbers and leading to lower job growth, but in a way that might present lower ...
Fed Chair Jerome Powell acknowledged that recent rate cuts alone won’t restore affordability in the housing market.
Since this rate cut was no surprise, the markets have taken it in stride,” 43-year mortgage industry veteran Melissa Cohn ...
The FOMC elects to cut interest rates in December to 3.5% -3.75%, but Powell siignals that policy may now by neutral, making ...
Federal Reserve Chairman Jerome Powell warned that housing market struggles will persist despite rate cuts, citing low ...
The Fed said Wednesday afternoon it is trimming its benchmark lending rate by a quarter point, its third such reduction this year. Follow along as Chair Jerome Powell discusses the move.
If the Fed holds interest rates steady as a means of protecting against inflation, it risks a deeper slowdown of the labor ...
Federal Reserve Chair Jerome Powell said the three rate cuts this year have put the central bank's benchmark interest rate ...