Kansas City Federal Reserve Bank President Jeff Schmid on Monday signaled he is disinclined to cut interest rates further, arguing that as the Fed navigates between the twin risks of overly tight and ...
Withdrawing $150,000 out of your hard-earned home equity may not be a decision you'd make in a traditional economic climate. But the economy of October 2025 is a unique one, positioning homeowners in ...
The government shutdown means that the Bureau of Labor Statistics was unable to release September's labor data, which spells bad news for the Fed.
Kansas City Fed President Jeffrey Schmid said he does not support additional rate cuts because inflation remains high. Some Fed officials want deeper rate cuts to help the job market, while others ...
Lack of consumer confidence has outweighed the effect of the Fed’s modest interest rate cut and kept would-be home buyers on the fence.
Learn how Fed rate cuts could impact homebuyers nearing retirement, from mortgage costs to downsizing choices, and how to make smarter housing decisions.
Today, the mortgage interest rate on a 30-year fixed mortgage is 6.30%, according to the Mortgage Research Center, while the average rate on a 15-year mortgage is 5.35%. On a 30-year jumbo mortgage, ...
Any rising risk of undershooting bank’s inflation target for the euro zone would support slight cut in ECB rates, Philip Lane says ...
Chief Economist Philip Lane said on Monday that they will remain attentive to shifts in the risk distribution when taking interest rate decisions, per Reuters.
U.S. stock futures climbed on Monday, as investors kept tabs on an ongoing federal shutdown in Washington and awaited both a Federal Reserve interest rate decision and the arrival of the third-quarter ...
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Below are the most important global events likely to affect FX and bond markets in the week starting Oct. 6. Focus in the coming week will center on any developments with the U.S. government shutdown.