Learn what a pass-through rate is and how it determines net interest for investors in mortgage-backed securities. Understand ...
Borrowing costs are set to hold steady for the time being, as the Federal Reserve has returned to "wait-and-see" mode to determine whether inflation or unemployment poses the greater threat to the ...
Federal Reserve Chair Jerome Powell has been the primary target for President Trump’s demands for lower rates. (Carlos Barria/Reuters) While President Trump has focused his demands for lower borrowing ...
On Friday, President Trump called for a one-year cap of 10% on credit card interest rates, set to begin Jan. 20. Without congressional legislation, implementing a rate cap would likely be challenging.
President Donald Trump late Friday called for a one-year cap on credit card interest rates at 10%, effective Jan. 20, noting that he will not allow Americans to be “ripped off” by credit card firms ...
Inflation remains elevated, which would normally prevent further reductions, but the soaring unemployment rate is forcing the Fed's hand. Most policymakers at the Fed foresee at least one more ...
TOKYO, Dec 16 (Reuters) - The Bank of Japan is set to raise interest rates on Friday to a three-decade high and pledge to keep hiking borrowing costs, closing the year with two rate hikes despite ...
Two top Federal Reserve officials who voted against cutting U.S. interest rates this week said inflation remains too high and the central bank should have waited for more evidence that price increases ...
Mortgage rates have been largely unchanged. The Federal Reserve slashed interest rates a quarter of a percentage point this week, delivering its third rate cut since September. The policy brightened ...
Fed officials explained their opposition to the central bank’s decision this week to cut interest rates by a quarter of a percentage point. By Colby Smith Colby Smith cover the Federal Reserve.