News

New research from the Federal Reserve Banks of New York and San Francisco says markets put the odds of zero interest rates ...
GBP/USD caught a foothold on Monday, halting a near-term pivot into the low side. Fresh trade war rhetoric from the Trump ...
Former Fed Chair Larry Summers is no fan of the "big beautiful" giant turd of a bill that Trump just signed, and warned it could cause "2,000 days of death like we've seen in Texas this weekend." ...
Mortgage rates have dropped for five weeks in a row. But will they continue to do so this July? Here's what to consider.
Researchers from the Federal Reserve Banks of New York and San Francisco studied financial markets to divine the probability of the Fed's benchmark interest rate falling back to zero. During the 2008 ...
Inflation, which had fallen to 2.5% in 2024 from 6.6% in 2022, is expected to rise again as tariffs push up goods prices and ...
Fed policy actions contradict its stated rule to focus on the mandate most out of balance, undermining credibility and ...
Financial markets—specifically derivatives—contain information about the range of probable future short-term interest rates.
The prospect of the Federal Reserve once again setting its short-term interest rate target at near zero levels at some point ...
The president's next pick for Federal Reserve chair, whom he pledged would be "somebody that wants to cut rates," is likely ...
By stubbornly refusing to lower interest rates despite ample data urging him to do so, Fed Chairman Jerome Powell is committing his third major policy blunder in six years. If he continues this ...
Current mortgage rates are down and lower than they were seven days ago and in early 2025, when the average 30-year ...