At the Fed’s press conference, Fed Chair Jerome Powell acknowledged that many consumers are struggling with higher inflation. “We hear loud and clear” the concerns about affordability, Powell said. But
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Markets reacted positively after the Fed cut interest rates by a quarter point on Wednesday. And part of the optimism seems to be around the Fed’s outlook for the economy,
The Federal Reserve is expected to lower interest rates Wednesday for the third time this year. Traders overwhelmingly expect a relatively small 0.25% cut, the same size as the last
Updates From Two Big Tech Firms Land This Week. What It Could Mean for the AI Trade 1 hr 3 min ago Two tech giants shocked Wall Street with their
Who is likely to be affected by today’s decision?published at 11:41 GMT 11:41 GMT Michael RaceBusiness and economics reporter, at the Bank of England Depending on your individual circumstances, interest
Americans frustrated by high home borrowing rates may have gotten some welcome news this week. The average 30-year fixed mortgage rate dropped to 6.19% for the week ending October 23,
A sold sign is posted in front of a home for sale on Aug. 27, 2025 in San Francisco, California. Justin Sullivan | Getty Images Sales of previously owned homes
Activists gather during a vigil in Lafayette Park for nurses who died during the COVID-19 pandemic on January 13, 2022, in Washington, DC. (Photo by Brendan Smialowski / AFP) (Photo
Sales of previously occupied U.S. homes rose in July as homebuyers were encouraged by a modest pullback in mortgage rates, slowing home price growth and the most properties on the
Australia’s central bank said on Wednesday that monetary policy was restrictive with the current cash rate causing financial pain for many households, but it could not rule out further tightening
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