News

The Fed is concerned. This economist explains exactly why.

KPMG US chief economist Diane Swonk joins Market Domination with Josh Lipton to discuss what the Federal Reserve is concerned ...

Top economist warns the U.S. is ‘on the precipice of recession’ — and it will be hard for the Fed to come to the rescue

"Consumer spending has flatlined, construction and manufacturing are contracting, and employment is set to fall." ...

Mortgage Interest Rates Today: Mortgage Rates Dip Slightly Even as Fed Holds Steady on Cuts

The average rate on 30-year fixed home loans registered 6.72% for the week ending July 31, down slightly from 6.74% last week ...

Mortgage Rates Dropped Ahead of This Week's Fed Meeting—But the Link May Be Weaker Than You Think

Mortgage rates have dropped, but it's not likely tied to the latest Fed news. Here’s why waiting for a Fed rate cut could be ...

Fed Governors Michelle Bowman and Christopher Waller wanted 25-basis-point cut at this week's meeting

Federal Reserve Governors Bowman and Waller dissented from this week's decision to hold interest rates steady and explained ...

Weakening US jobs market hits center of Fed rate policy debate

Surprisingly weak July hiring data released on Friday highlighted a fractious Federal Reserve debate over whether the central ...

The Fed's Preferred Inflation Gauge Shows Rising Price Pressures

Inflation picked up in June, as measured by the Federal Reserve's preferred gauge, reflecting the continued price pressures ...

Trump Will Remake the Fed. Rates Are Just the Start

A bubbling movement to overhaul the Fed is ready to seize the moment. Big changes are in store for the central bank.