Kevin Warsh’s potential leadership as the next Federal Reserve chair when Jerome Powell’s term ends in May is unlikely to create any immediate or dramatic effect on the U.S.’s paralyzed housing market ...

An idyllic scene, painted by Jean-Honoré Fragonard, might be a way to view confirmation bias as reflected in society today. Romantics see this painting as the peaceful scene of a young lady enjoying a ...

Trump’s signature legislative achievement of his first term in office was the 2017 Tax Cuts and Jobs Act, which slashed the corporate tax rate from 35% to 21%, a reform that Trump and Republicans at ...

Mortgage rates on Friday fell below 6% for the first time in years, after President Donald Trump ordered his “representatives” to begin buying $200 billion worth of mortgage bonds, his latest push to ...

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, 806,500 or less, increased to 6.38% from 6.33% Applications to refinance a home loan fell 4% for the ...

NEW YORK, Dec 16 (Reuters) - U.S. rate futures on Tuesday raised the probability of the Federal Reserve cutting interest rates at the next policy meeting in January after data showed U.S. unemployment ...

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 ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. While each of the recent rate reductions has slowly chipped away at ...

Sabrina Karl has over two decades of experience writing about savings, CDs, and other banking topics. She is currently a full-time staff writer at Investopedia and one of the country's top experts on ...

President Donald Trump said Sunday he has decided on his pick for the next Federal Reserve chair after making clear he expects his nominee to deliver interest-rate cuts. “I know who I am going to pick ...

The neutral rate—the interest rate at which monetary policy is neither accommodative nor restrictive—is a theoretical concept that cannot be directly observed, only estimated. The neutral rate is an ...

As upside inflation pressures fade and job growth weakens, the Federal Reserve appears poised to cut short-term interest rates again on Oct. 29 at the end of its two-day meeting complicated by missing ...