Beth Hammack is one of the four presidents of Federal Reserve regional banks who will rotate onto the policy-setting committee. (Brendan Mcdermid/Reuters) The unusual dissent among Federal Reserve ...

Although the downward stabilization of international fuel costs, which had surged in 2022, created room for a reduction in electricity rates, power authorities have decided to maintain the current ...

The Federal Reserve will likely not be able to lower interest rates next year, as the Republican tax bill passed last summer is likely to put upward pressure on inflation, Atlanta Fed President ...

If you took out a mortgage between 2022 and 2024, and your rate is higher than you would like — this could be your sign to refinance. On Dec. 10, the Federal Reserve announced a Federal Funds Rate cut ...

The FOMC cut the federal funds rate by a quarter-point, but that's unlikely to cause 30-year mortgage rates to fall by the same amount. The December rate cut might be advantageous for builders and ...

The Federal Reserve’s 25-basis-point rate cut delivered on Wednesday could provide near-term support for risk assets and potentially fuel a “Santa Claus rally,” said Richard Flynn, managing director ...

There was a decent chance that rates would have made a fairly big move today in response to the release of November's jobs report. This is the most important economic data as far as rates are ...

The Federal Reserve announced it is cutting interest rates for the third time this year. The rate-setting meeting in Washington took place in the fog of a data ...

The average 30-year fixed mortgage rate slightly to 6.39% this week, up from 6.37% the week before, according to U.S. News data. Mortgage refinancing rates decreased slightly for the 30-year term, ...

WASHINGTON — The Federal Reserve faces an unusually contentious meeting this week that will test Chair Jerome Powell’s ability to corral the necessary support from fellow policymakers for a third ...

WASHINGTON — The Federal Reserve reduced its key interest rate by a quarter-point for the third time in a row Wednesday but signaled that it may leave rates unchanged in the coming months, a move that ...