For much of the year, the average rate on a 30-year mortgage has hovered relatively close to its 2025 high of just above 7%, set in mid-January. Since last week, the average rate has been at its ...

Economists have long preferred independent central banks because they can more easily take unpopular steps to fight inflation.

Federal Reserve Bank of Cleveland President Beth Hammack said she wouldn’t support lowering interest rates if central bankers were making a policy decision tomorrow.

Kansas City Fed president Jeffrey Schmid opened the door to rate cuts in September, but remains wary of inflation pressures in the economy.

Grownups like Powell and Cook are firm, but restrained. In a piece about Powell this week the WSJ quoted one of his former colleagues as saying, “I think it is no more subtle than he wakes up every ...

The South African rand weakened on Thursday, as investors looked to the U.S. Federal Reserve's annual Jackson Hole symposium ...

Federal Reserve Chair Jerome Powell is set to give what could be his most consequential speech yet — just a few days after one of his colleagues was threatened with prosecution for alleged mortgage ...

Then again, if I had told you a year ago that Trump, if elected, would demand that the international body of water that has ...

U.S. stock indexes are edging lower on Thursday as Walmart drags Wall Street toward a fifth straight loss and hopes dim a bit for coming cuts to interest rates. The S&P 500 ...

#BTC This is the price action to watch in the short-term Bitcoin needs to continue rejecting from $114k to enter downside continuation After all, $114k needs to be convincingly lost for BTC to go ...

Both Wall Street and the White House will be paying close attention to Fed Chair Jerome Powell’s high-profile speech Friday.

July’s weak jobs report could be grounds for a big rate cut come September.