News

Inflation Crushes Hopes That Federal Reserve Will Cut Interest Rates in July
Key Takeaways Inflation rose in June, moving further from the Federal Reserve's goal of 2% each year.This flare of inflation ...
Inflation shows biggest rise in 5 months. CPI dims slim chance of Fed rate cut in July.
Consumer prices posted the biggest increase in June in five months and are likely to keep the Federal Reserve from cutting ...
Trump tariffs push up inflation despite pressure on Fed to cut rates
The White House has been trumpeting the absence of tariff-related price hikes as a sign that the president’s agenda is ...
Traders stick to bets on September Fed rate cut after inflation report
The Federal Reserve will likely be able to start cutting short-term borrowing costs by September, traders continued to bet on ...
What homebuyers should do before rate cuts, according to mortgage experts
Whether you're buying a new home or considering mortgage refinancing, the main question is the same right now: When will ...
Why the June CPI Isn't a Gamechanger for the Fed
The June inflation data is likely to keep Federal Reserve officials cautious, open to cutting interest rates later this year ...
Why Trump's push for a 1% Fed policy rate could spell trouble for US economy
A Fed policy rate that low is not typically a sign that the U.S. is the "hottest" country in the world for investment, as ...
Fed will only cut rates once this year: Wells Fargo Investment Institute
Wall Street has become too optimistic — once again — about the likelihood of rate cuts from the Federal Reserve, according to ...
Waiting for 0% Interest Rates? Don’t Hold Your Breath
If you’ve been putting off a big purchase because you’re waiting for interest rates to drop back down to pandemic-era lows, you might want to reset your expectations. A new study finds that the ...
Fed official reveals why America's economy remains 'really healthy' despite holding off on rate cuts
Bank of Cleveland President Beth Hammack said that she does not see an immediate reason to cut interest rates and that the ...