Federal Reserve

The stock market likely faces more losses in March as the Federal Reserve holds interest rates at an elevated level, according to Morgan Stanley analysts.

Dallas Federal Reserve economists warned this week that the U.S. housing market could face a steep drop in prices as the result of higher mortgage rates.

Recent drops in mortgage rates and other factors have shown evidence of a housing market recovery into 2023, according by Redfin. Here’s how you can compare mortgage offers and find the rate that’s right for you.

The U.S. economy will likely tumble into a recession this year as a result of the Fed's aggressive war against high inflation, according to new research.

Gas prices decreased this week. But several factors ranging from the Federal Reserve’s actions to lower inflation and the war between Russia and Ukraine could push prices higher in the coming weeks.

Inflation remains uncomfortably rapid, although it has cooled slightly from a peak notched in mid-2022, according to the PCE index released Friday.

Office of the Comptroller of the Currency joined the Federal Reserve and Federal Deposit Insurance Corp. in issuing the joint warning about crypto's risks.

Higher mortgage rates have weighed on the U.S. housing market, which posted a $2.3 trillion decline in the second half of 2022, according to Redfin data.

GDP increased at an annual rate of 2.7% in the fourth quarter of 2022 after rising 3.2% in the third quarter, according to the second estimate from the BEA.

Federal Reserve policymakers should approve a steeper interest rate hike at their next meeting in order to get inflation under control, James Bullard said.

Minutes from the Federal Reserve's January meeting show that officials expect to continue raising rates in 2023 – and keep them elevated for "some time."

Mortgage applications tumbled more than 18% last week, the biggest monthly drop since 2015, as rates climb higher and home prices remain abnormally high.

Citigroup raised its forecast for global growth slightly to 2.2% for 2023 and expects the Fed to hike interest rates three times.

Interest rates are likely to go higher than the Fed previously forecast with inflation remaining abnormally high, according to Goldman Sachs economists.

The 10-year and 2-year U.S. Treasury yields are up on Tuesday as Wall Street traders consider the potential of additional rate hikes from the U.S. Federal Reserve.

Sales of previously owned homes fell 0.7% in January from the prior month due to higher mortgage rates, according to the National Association of Realtors.

The worlds largest retailer, Walmart, lowered its economic outlook on concerns about margins as consumers shop for bargains in a high inflationary environment.

The Fed's interest-rate hike campaign is "not getting much traction," raising the risk that the U.S. hits the brakes "very, very hard," Larry Summers said.

A surprisingly hot inflation report this week has boosted the odds the Federal Reserve raises interest rates by 50 basis points at its meeting in March.

U.S. households are racking up credit card debt as they confront relentlessly high prices for everyday necessities, the New York Federal Reserve reported Thursday.