Federal Reserve

JPMorgan Chase Chief Operating Officer Daniel Pinto offered his take Friday on the economy and the direction U.S. interest rates could be headed.

The May jobs report released Friday provided a key look at the labor market's health amid the Federal Reserve's aggressive interest rate-hike campaign.

The Labor Department's May jobs report is expected to show that the U.S. economy added 190,000 jobs last month despite aggressive interest-rate hikes.

Private U.S. companies saw another month of better-than-expected job growth in May, despite the Federal Reserve's aggressive efforts to fight inflation.

Home-purchase applications plummeted 4.6% last week as higher mortgage rates weighed on demand, according to a new survey from the Mortgage Bankers Association.

The Labor Department on Wednesday reported that U.S. job openings surged to a three-month high despite the Federal Reserve's interest-rate hike campaign.

Federal Reserve Bank of Cleveland president, Loretta Mester said in an interview with the Financial Times that she sees no "compelling" reason to pause rate hikes.

Rep. Alex Mooney introduced the Digital Dollar Pilot Prevention Act on Thursday in the latest effort to block a central bank digital currency from being issued in the U.S.

U.S. home prices climbed again in March, suggesting the housing market is stabilizing amid high mortgage rates, limited inventory and steep competition.

The Federal Reserve may hike interest rates for the 11th straight time in June amid signs of stubbornly high inflation, according to Wall Street traders.

Applications for jobless benefits inched higher last week but previous weeks of data were revised lower after Massachusetts rooted out unemployment fraud.

Federal Reserve officials are split over whether to pause their aggressive interest-rate hike campaign at the June policy-setting meeting, minutes showed.

Purchase of new single-family homes rose 4.1% in April from the previous month, suggesting builders continued to benefit from limited resale inventory.

The worst of the housing market recession may not be over quite yet and could soon bleed into the broader U.S. economy, according to Fannie Mae analysts.

Several Federal Reserve officials signaled this week they could support an interest rate hike in June amid signs that inflation still remains too high.

A report from the Federal Reserve indicates Americans are feeling the financial strain of inflation, showing a sharp decline in financial well-being in 2022.

The National Association for Business Economics (NABE) survey for May found that forecasters expect inflation to remain elevated through 2023 and 2024 while gradually easing.

Minneapolis Federal Reserve President Neel Kashkari told the Wall Street Journal that he is open to a pause on interest rate hikes amid ongoing economic uncertainty.

Federal Reserve Chairman Jerome Powell said Friday that tighter credit conditions resulting from the recent regional banking crisis may cause the central bank to ease off rate hikes.

The average rate for a 30-year fixed-rate mortgage rose to 6.39% for the week ending May 18, 2023, according to Freddie Mac’s latest data. Still, some experts have said they believe mortgage rates may come down if the Fed loosens up monetary policy.