The average rate on 30-year fixed home loans registered at 6.58% for the week ending Aug. 21, same as last week.

The Fed chief cannot be removed over disputes about interest rate decisions. Powell, who was appointed to a second term in ...

Federal Reserve Chair Jerome Powell signaled a likely interest rate cut in September, noting "downside risks" to employment.

Jerome Powell, chair of the US Federal Reserve, hints at possible interest rate cuts in a crucial speech, while warning of ...

St. Louis Fed President Alberto Musalem said Friday he would need more data before deciding to support a rate cut at the Fed’s Sept. 16-17 meeting given that inflation is above the Fed’s 2-percent ...

Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming ...

In just three months, tariffs as a percentage of imports quadrupled, topping 10% for the first time in two decades, according ...

For months, Jerome Powell largely ignored President Donald Trump’s constant hectoring that he reduce borrowing costs. On ...

The Trump administration has pressured Powell, whose term as Fed chair expires next year, to step down as chair of the ...

Futures markets are also expecting a rate cut. Investors peg the chances of a quarter-point interest rate cut at nearly 96%, ...

Kansas City Fed president Jeffrey Schmid said on Thursday there seems no rush to cut interest rates, with inflation still ...