News

Did the Fed cut interest rates Wednesday? No, but here's when they might

Interest rates for credit cards to mortgages have jumped since the Fed began fighting inflation in 2022. Here's where experts ...

Jobs report shocker resets Fed interest rate cut bets

Since unemployment was higher than expected and is potentially nearing a cycle high, the CME FedWatch tool reported that bets ...

Weak Jobs Report Raises Chances of a September Interest Rate Cut

The Federal Reserve held rates steady in July but two governors dissented, saying they had concerns about labor market ...

Weakening US jobs market hits center of Fed rate policy debate

Surprisingly weak July hiring data released on Friday highlighted a fractious Federal Reserve debate over whether the central ...

Mortgage Rate Outlook: Should You Lock Now Or Wait For Possible Fed Cuts?

Americans shopping for a mortgage may want to hold tight for now. At its July 30 meeting, the Federal Reserve did not deliver ...

Is credit card debt forgiveness still worth it with interest rates paused?

Fed rates stayed put in July, but does that change the route you should take to deal with your credit card debt?

Federal Reserve Governor Kugler, part of the committee that sets interest rates, is resigning

Kugler's term was set to expire at the end of January 2026. A Biden nominee, she joined the Board of Governors in September ...

The two Fed dissenters say worries about labor market led them to push for lower rates

The two Federal Reserve governors who dissented from the central bank’s decision to hold interest rates steady this week said ...