The average new 30-year fixed-rate mortgage cost 6.93% this week, Freddie Mac said Thursday. That is the most expensive since July. Mortgage rates have been stuck firmly above 6% since late 2022, ...

Despite the progress that has been made, there are "upside risks to inflation," Bowman added. The Fed's preferred inflation ...

Collins, in prepared remarks for an event Thursday in Boston, said the economy was in a “good place,” but noted that progress ...

Borrowing costs have been rising for months, tracking yields on government bonds. The move threatens to push more buyers and sellers to the sidelines.

Kansas City Federal Reserve President Jeff Schmid signaled on Thursday a reluctance to cut interest rates again as the U.S.

The average long-term U.S. mortgage rate ticked up again this week, remaining at its highest level since July. The benchmark ...

The stock market is facing three challenges that could make a sharp decline more likely in 2025, according to Goldman Sachs.

Swiss banks have lowered their profit expectations for the coming years due to falling interest rates and despite higher ...

Federal Reserve Bank of Boston President Susan Collins said a slower approach to adjusting interest rates is merited now as ...

The remarks were Harker's first since last month's policy meeting when the Fed cut its benchmark overnight interest rate by a ...