Federal Reserve

Mortgage rates have increased this week, according to Freddie Mac. However, the Federal Reserve also just cut the federal funds rate by 25 basis points for the third time this year. So, will mortgage rates go down, making 2026 the…

The Federal Reserve, also known as “the Fed,” is the central bank of the U.S. and plays a significant role in shaping the nation’s monetary policy. One of its key functions is setting interest rates. Those rates determine how much…

(Bloomberg) -- The bond market’s reaction to the Federal Reserve’s interest-rate cuts has been highly unusual. By some measures, a disconnect like this, with Treasury yields climbing as the central bank lowers rates, hasn’t been seen…

Cryptocurrencies fell sharply on Monday, bringing fresh momentum to a wide-ranging selloff that appeared to have settled. Bitcoin slid as much as 4.3% to below $88,000 in early Asia trading, while Ether dropped 6% to below $2,900,…

Kevin Hassett (Bloomberg) -- White House National Economic Council Director Kevin Hassett is seen by advisers and allies of President Donald Trump as the frontrunner to be the next Federal Reserve chair, according to people…

Bitcoin began the week on the back foot following a prolonged selloff that has put the token on track for its worst month since 2022. After regaining some ground over the weekend, the original cryptocurrency fell as much as 2.3% to…

The average rate on a 30-year U.S. mortgage edged higher for the third week in a row, though it remains close to its low point this year. The average long-term mortgage rate ticked up to 6.26% from 6.24% last week, mortgage buyer…

Soaring mortgage costs are pushing more Americans toward riskier loans. As home prices and borrowing costs climb to painful new highs, more Americans are turning to adjustable-rate mortgages — the same type of loan that helped fuel the…

Stocks rallied with futures and the dollar weakened as optimism over a potential Federal Reserve rate cut revived risk sentiment and outweighed renewed US-China trade tensions.Asian shares rose 1.5%, the first gain in four days, and…

Federal Reserve Governor Lisa Cook is asking a U.S. appeals court to reject the Trump administration's latest bid to remove her from her post ahead of the central bank's next vote on interest rates. In a filing with the court…