Over the past few years, elevated mortgage rates and sky-high housing prices have contributed to a lack of home affordability ...

Mortgage rates closely track the yield on a 10-year Treasury bond, or the amount paid to a bondholder annually. In the ...

President Joe Biden said the Federal Reserve‘s rate cut is “important” but only the first step during a speech before the ...

Whether the Fed can achieve what economists call a soft landing will be one of the most important ways its actions will ...

A lower policy rate should translate to cheaper borrowing costs for most kinds of loans while, on average, paychecks are now ...

Some -- but not all -- of the economic pressures that have been a feature of the past two years will ease when the central ...

The Fed’s September rate cut ends the central bank's prolonged ‘pause’ period and marks an important inflection point for ...

The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances ...

The Federal Reserve delivered its first interest rate cut since 2020 Wednesday. Here’s how it could help or hurt your wallet.

On Wednesday, the Federal Reserve lowered the interest rate for the first time since 2020. Jeanna Smialek, a reporter ...

"The challenge is that soft landings are rare and as much about luck as skill," says KPMG's Diane Swonk, who expects the Fed ...

The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto ...