The FOMC cut the federal funds rate by a quarter-point, but that's unlikely to cause 30-year mortgage rates to fall by the same amount. The December rate cut might be advantageous for builders and ...

The economy has had a volatile year marked by ongoing headwinds and uncertainties. Persistent inflation, unpredictability around tariffs, and a stock market that many fear is in the midst of an ...

WASHINGTON, Dec 9 (Reuters) - White House economic adviser Kevin Hassett, the front-runner to be the Federal Reserve's next chair, told the WSJ CEO Council on Tuesday there is "plenty of room" to cut ...

The price of Prince Edward’s rent on a 120-room royal mansion is raising eyebrows — and not for the reason many of Us may assume. Like his brother, the former Prince Andrew, Edward, 61, is only paying ...

MUMBAI, Nov 24 (Reuters) - Reserve Bank of India Governor Sanjay Malhotra said in an interview with Zee Business on Monday that there is scope to further reduce policy interest rates. "At the last MPC ...

A top Federal Reserve official said another interest-rate reduction “in the near term” could be warranted to bring rates closer to a neutral setting that neither spurs nor slows growth, leading ...

Odds of another Federal Reserve interest rate cut in December surged on Friday after New York Fed President John Williams said there is "room" for more monetary policy easing. The move was an example ...

Federal Reserve Bank of New York President John Williams said he sees room to lower interest rates again in the near term as the labor market softens, reviving investor expectations for a December ...

While the Federal Reserve's two rate cuts this year have eased monetary policy some, New York Fed President John Williams still sees some room to adjust policy further in the near term, he said on ...

The Federal Reserve on Oct. 29 announced a quarter percentage point rate cut, marking its second consecutive rate reduction. The move brings the Fed’s benchmark interest rate down to a range of 3.75% ...

Mortgage rates have fallen modestly from their peak above 7% in January. Analysts expect mortgage rates to hold around 6% in 2026, even as the Fed cuts short-term interest rates. Mortgage rates ...

Federal Reserve Bank of St. Louis President Alberto Musalem said he supported last week’s interest-rate reduction as a way to take out insurance against a weakening labor market, but sees limited room ...