Powell: Rate cuts will take ‘longer than previously…
Federal Reserve Chair Jerome Powell confirmed Wednesday that the central bank is pushing back its…
Tag: Interest rates
Federal Reserve holds interest rates steady amid high…
The Federal Reserve as expected held interest rates steady on Wednesday, but signaled it is still…
Affordable housing crisis looms large in election
As President Biden courts young voters and bucks negative perceptions of his handling of the…
Employee pay rose more than expected in sign of lasting…
US employee pay jumped more than expected in the first three months of this year — yet another sign…
Fed’s preferred inflation gauge rose 2.8% in March
The Federal Reserve’s preferred measure of inflation showed prices once again rose at an…
US economy cools as GDP growth hits lowest level since…
The US economy grew at its slowest pace in two years in the first quarter, while prices rose at a…
The costs of buying a home has hit an all-time high:…
It is more expensive than ever to buy a home in the U.S., according to a new report from the real…
Mortgage rates top 7 percent for first time in 2024
Mortgage rates topped 7 percent for the first time this year, according to new data released Friday…
Powell says rate cuts will take ‘longer than expected’…
Federal Reserve Chair Jerome Powell said Tuesday that it will likely “take longer than expected”…
Single-family new home construction plunges in big…
US single-family homebuilding tumbled in March, and while new construction remains underpinned by a…
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