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U.S. retail sales rebounded more than expected in June, suggesting a modest improvement in economic activity and giving the Federal Reserve cover to delay cutting interest rates while it gauges the ...
The average rate on a 30-year U.S. mortgage rose for the second week in a row, another setback for the U.S. housing market, which is mired in a sales slump as affordability constraints shut out ...
When rates fell to around 6.7% (the lowest level in months) in early July, applications for home loans promptly ticked up, ...
Despite Trump's threat of new tariffs in just a few weeks, the stock market continues to hover near its peak as investors ...
U.S. retail sales rebounded more than expected in June, suggesting the economy was regaining momentum and giving the Federal ...
Some investors had clung to a bit of hope that the Federal Reserve would cut interest rates at its next meeting on July 30.
The market currently projects an interest rate cut in the fall, though two Fed officials floated the possibility of a rate ...
The Fed is expected to hold interest rates steady in July, waiting for more clarity on how tariffs will affect the economy.
Jamie Dimon warned that markets are underestimating inflation and the risk of more Fed rate hikes amid global trade tensions.
The newly published meeting minutes highlighted a divide over how Federal Reserve officials expect the economy to respond to President Donald Trump's tariffs.
The Federal Reserve cut interest rates in 2024 after having raised them 11 times throughout 2022 and 2023 to combat inflation, but savings rates still haven't substantially declined.
The Fed, helmed by Chair Jerome Powell, is expected to hold rates steady this month despite pressure from President Donald Trump to make cuts.