US President Donald Trump is getting his wish that interest rates drop across the world, just not at home, where a strong economy and uncertainty over his own policies have set the stage for the ...

The accompanying policy statement did not include the reference to inflation having made progress toward the Fed's 2% target. No rate cut is expected before June ...

The core index, one that strips volatile food and energy costs and is used by the Fed in setting interest rates, rose 0.2% in December and 2.8% annually, unchanged from November.

Fed Chair Jerome Powell said earlier this week he expects inflation to turn lower again, but he did not say when he expected it to happen. The most recent Fed forecast shows PCE inflation ending 2025 ...

The relative calm in the markets may not survive upheaval in the A.I. sector and a deluge of disruptive Trump policies, our ...

After the inflation report, released at the same time as hawkish monetary policy remarks from Fed Governor Michelle Bowman, traders of futures that settle to the Fed's policy rate priced in about a 70 ...

The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.

Federal Reserve governor Michelle Bowman said she still expects declining inflation to allow further interest rate cuts this ...

U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...

Despite the pause this month, the Fed is still expected to resume rate cuts later this year, aiming to hit 2.5% or lower by ...

These illustrated market experiences are quite different than what most folks believe happens when the Fed lowers rates.

These are today's mortgage and refinance rates. Mortgage rates may not fall much this year unless inflation shows further signs of slowing.