Federal Reserve

The Federal Reserve's efforts to lower inflation have pushed interest rates to an all-time high, which means consumers pay more to borrow but could be earning more on savings, a recent survey by Santander said.

Fannie Mae said it expects mortgage rates to decline gradually over the next two years, which will trigger a modest rebound in home sales, according to its latest economic forecast report.

Federal Reserve Chairman Jerome Powell said that the progress made on moderating inflation has been gratifying but that there was still a long way to go to bring it to a 2% target rate.

Consumer prices held steady in October as prices remained the same as the month before, and on an annual basis, prices rose 3.2% in October, a deceleration from the 3.7% growth in September.

Despite recent natural disasters, places known for climate risk are becoming popular destinations for homeowners.

Employment rose by 150,000 in October, according to the latest Employment Situation Summary from the U.S. Bureau of Labor Statistics (BLS).

The average 30-year fixed-rate mortgage increased to 7.76% for the week ending Nov. 2, according to Freddie Mac's latest Primary Mortgage Market Survey.

An uptick in consumer spending helped the U.S. economy grow in the third quarter and increased the odds of a soft landing.

Sky-high budget deficits are outpacing the last fiscal year by almost 25% as interest costs on federal debt rise, outpacing 2021's $2.8 trillion gap.

Philadelphia Fed President Patrick Harker said that he believed the central bank could hold rates where they are if economic and financial conditions evolve as they have been.

The Federal Reserve is unlikely to raise interest rates in November, and there is a minimal chance they will do so in December, according to the Mortgage Bankers Association Chief Economist Mike Fratantoni.

A growing amount of data indicates that a gigantic economic crisis could be right around the corner. Most disturbingly, one important economic indicator that’s currently flashing hasn’t appeared since the 1930s, during the height of the Great Depression.

The Supreme Court will hear arguments in a case challenging the constitutionality of the Consumer Financial Protection Bureau's funding mechanism that could create uncertainty around the regulatory agency's future.

The Federal Reserve paused interest rates in its September meeting. But inflation remains high as Americans deal with record credit card debt. Here’s what to do.

If the unemployment rate rises slightly this month, it could mean a recession in October, according to a mathematical model that correctly signaled the 2020 recession. But economists are split about the likelihood of a recession this year. Here’s what you need to know.

Strategists with Goldman Sachs projected that the Federal Reserve wouldn't raise interest rates at its Oct. 31-Nov. 1 meeting, predicting that inflation would go down.

The U.S. economy is likely to tumble into a recession within the next year as inflation remains uncomfortably high, according to Deutsche Bank analysts.

For stocks, September is historically one of the worst months on record, followed by an equally rough October. This year, the crosscurrents are a little different for investors.

Gross domestic product (GDP) increased in Q2 2023 and signs of a strong economy could push the Fed to raise interest rates again. This could have a major impact on consumer debt.

Another week of retail earnings is slated on Wall Street, along with fresh reports on existing and new U.S. home sales as well as the Fed's Jackson Hole Symposium.