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Now at just 2.4%, inflation declined in both February and March and is closing in on the Federal Reserve's target 2% goal, at which point additional cuts to the federal funds rate appear more likely.
The Wall Street Journal on MSN19d
A Hazy Inflation Outlook Divides the Fed
A majority of Federal Reserve officials at their meeting last month expected they would be able to resume interest rate cuts this year, but only two of them voiced support for a rate cut as soon as ...
With little clarity on the final status quo for trade policy and Fed policymakers unlikely to preempt any growth or inflation developments, we now only anticipate two Fed rate cuts,” Daco said.
Interest rates have been frozen since last year as the Fed hoped to see ... Inflation has cooled for three consecutive months ... THE FED must lower the RATE, like Europe and China have done ...
In addition to inflation and US-China trade, a key bond auction is on investors' radar. ... Meanwhile, expectations for the June 17 Fed meeting are for officials to keep interest rates unchanged.
The Reserve Bank of Australia reduced its benchmark interest rate by a quarter percentage for a second time this year, to 3.85%, judging inflation to be within its target range.
The goal is for interest rates to decrease because inflation decreases, not because of economic weakness. History shows that eight of the last nine Fed adjustment cycles have ended in recession.
WASHINGTON (AP) — The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower borrowing costs, and said that the risks of higher ...
Normally the current level of inflation would be low enough to spur the Fed to cut a key U.S. interest rate that influences borrowing costs on credit cards, mortgages and other loans.
Below, we'll examine what to know specifically about inflation and HELOC interest rates this week. Start by seeing how low of a HELOC rate you'd be eligible for here.