Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the ...

The Fed's cutting cycle in 1995 sparked an economic boom, with the stock market more than doubling in value by the end of the ...

The Federal Reserve just cut interest rates by 50 basis points, citing cooling inflation and signs of economic slowdown. This ...

The U.K. pound is up 0.7% to $1.3307, its highest level against the U.S. dollar since March 2022, as traders react to news ...

The U.S. central bank might have begun cutting interest rates in late July had it known that the labor market was cooling as ...

The Fed will announce its interest rate decision on Wednesday. Nearly all expect them to cut rates because of weakening signs ...

The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.

But while the Fed’s action will surely have political consequences, it wasn’t a political decision. The straight economic ...

Market observers, however, had been divided over whether the Fed will impose its typical cut of a quarter of a percentage ...

Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.

Investors have sent stocks and bonds higher on expectations of a soft landing. But some Republicans think the central bank ...

The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.