Stocks end lower after Powell throws cold water on hopes for December interest-rate cut
The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.
Bank of Mexico lowers key interest rate, leaves door open to future cuts
The Bank of Mexico on Thursday lowered its benchmark interest rate by 25 basis points for a third straight meeting, ...
Why credit card rates remain high, even after interest rate cuts
Credit card interest rates remain high, in part, because the Fed's benchmark rate still stands at a historically high level, ...
Fed Chair Powell Says There’s No Need to ‘Hurry’ to Cut Rates
A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank ...
Fed’s Powell Says No Need to Hurry Rate Cuts With Economy Strong
Federal Reserve Chair Jerome Powell said the recent performance of the US economy has been “remarkably good,” giving central ...
Jobless claims fall to lowest level in 6 months, following drop in interest rates, inflation
The Labor Department reportedt hat jobless claim applications fell by 4,000 to 217,000 for the week of Nov. 9 — less than the ...
Average Rate on 30-Year Mortgage Drops Slightly After 6 Weeks of Increases
Mortgage rates on a 30-year home loan have fluctuated throughout the year, reaching a peak of 7.22 percent in May. In late ...
New York Post15h
Inflation remains stubborn as wholesale prices accelerate after Fed rate cuts
The central bank’s inflation fighters have been satisfied enough with the improvement to cut their benchmark interest rate ...
The Financial Express16h
RBI should cut rates: Piyush Goyal
The Reserve Bank of India (RBI) should cut the key benchmark interest rates to boost economic growth and ignore food prices ...
Fox Business16h
Today’s 30-year mortgage interest rates rise to 6.99% while 15-year terms stay at 6.25%
Additionally, the median interest rate on a 15-year fixed-rate mortgage is 6.25%, which is unchanged from yesterday. Due to ...