Economy grew 2.8% in 2024, holding strong despite high interest rates
The new data were published Thursday by the Bureau of Economic Analysis in its report for gross domestic product for the fourth quarter.
U.S. Dollar Index Analysis: Hawkish FOMC Pause, Trump's Fed Criticism, And Technical Outlook
The Federal Reserve held interest rates steady and signaled a “wait and see” approach as uncertainties remain. Click to read.
Why Americans still can’t get cheaper mortgages, car loans or card balances after three Fed rate cuts
It takes time for the Fed’s decisions to filter through the economy — and then even more time for consumers to see the ...
Fed Holds Interest Rates: What Small Businesses Can Expect In The 1st Quarter Of 2025
Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth Social platform, Trump went on the attack: Because Jay Powell and the Fed ...
Fed Stands Pat on Rates, Entering New Wait-and-See Phase
Fed Chair Jerome Powell says, “We do not need to be in a hurry to adjust our policy stance.” ...
Fed hold rates steady, sees inflation as ‘elevated’; Powell declines comment on Trump
The Fed said the job market is “solid,” and noted that the unemployment rate “has stabilized at a low level in recent months.
Fed pauses interest rate cuts despite Trump’s call to lower rates ‘immediately’
The Federal Reserve decided to delay additional rate cuts for now and keep interest rates unchanged at its first meeting of ...
Why are mortgage rates still so high? There’s something more important than Fed policy at work
The federal funds rate and mortgage interest rates are often expected to move together, but they haven’t lately. Here’s why.
When Is the Fed Interest-Rate Decision and What to Watch for Today
The central bank is widely expected to hold interest rates steady in its first meeting of 2025. Here is what investors will be watching: When is the Fed decision due? At 2 p.m. ET. How much will the ...