The median interest rate on a 30-year fixed-rate mortgage is 6.88% as of November 5, which is unchanged from yesterday.
Investors brushed off a potentially prolonged week of U.S. election results and instead focused on fresh economic data.
No one knows how Tuesday’s presidential election will turn out, but the Federal Reserve’s move two days later is much easier to predict: With inflation continuing to cool, the Fed is set to cut ...
Market participants are expecting the Federal Reserve to cut interest rates by 25 basis points on Thursday, but that's not all: They're also contemplating how Fed Chairman Jerome Powell could react to ...
But the Fed's 2% inflation target in fact is somewhat arbitrary, and the central bank could settle for something a bit higher if this accomplishes price stability.
While AI can enhance capabilities, the final decisions in monetary policy should remain in human hands. The U.S. Federal ...
AI could generate detailed economic scenarios for comprehensive stress-testing and analyze vast amounts of textual data for real-time market sentiment insights. Yet there's also the risk of AI ...
Any lock on a top-paying CD is smart before the Fed makes its move this week. Rates of 5%+ are available with guarantees up ...
Short-term U.S. interest rates are likely to be lower on Inauguration Day in 2025 than they are on Election Day, and that ...
The Fed's policy statement will be released Thursday, followed by chair Jerome Powell's closely watched press conference at 2 ...
US stocks rallied Tuesday as Wall Street awaited the results of a closely contested presidential race. The Dow closed 425 ...
Today's best savings account rates are among the highest in over 20 years. The top account pays 5.50%, with no fees or ...