Heading into a new year with a new administration, policymakers project fewer cuts and somewhat more stubborn inflation.
The Federal Open Market Committee, which votes on changes in interest rates, includes a rotating cast of presidents from 11 ...
Borrowing costs on a 30-year home loan increased to 6.85 percent from 6.72 percent last week, mortgage buyer Freddie Mac says ...
The motto of Donald Trump’s transition is another Reagan-era motto: “personnel is policy”. Here’s what to expect from his ...
The holiday sales growth suggests the U.S. economy has remained robust, even amid high borrowing costs. Gross domestic product grew at a solid 2.8% annualized rate over three months ending in ...
Although economists predicted 2024 could bring economic relief, many middle-class Americans continued to struggle ...
Some people expected a downturn in 2022 – and again in 2023 and 2024 – due to the Federal Reserve’s hawkish interest-rate decisions. The Fed raised rates rapidly in 2022 and held them high throughout ...