Investors’ increasingly gloomy sentiment about economic growth appears to be driving down the 10-year Treasury yield.
Mortgage rates shot up to nearly 8% in late 2023, dipped to 6% last fall, rose to above 7% in mid-January and declined again recently.
These are today's mortgage and refinance rates. Mortgage rates are down so far in March, and they may fall further this year.
Initially, 100 basis points of cuts in the last four months of 2024 appeared to be the opening round of a longer series of ...
Immigration has been a key driver of labor force expansion and overall economic growth. From 2022 to 2024, an average of 3 million people immigrated to the U.S. annually, contributing to a GDP growth ...
The latest Personal Consumption Expenditures (PCE) inflation report for January 2025 suggests that price increases are ...
The Dow, S&P 500, and Nasdaq climbed higher Friday as the stock market digested the PCE inflation report and reacted to Trump's meeting with Ukraine's Zelensky.
The central bank’s preferred inflation measure, released on Friday, climbed 2.5 percent in January from a year earlier, ...
Inflation rose 2.5% over the year in January compared to 2.6% in December, marking the first decrease in four months.
New data may point to emerging tension between the U.S. Federal Reserve's dual inflation and employment goals, as price ...
Inflation in the Federal Reserve’s preferred price gauge eased in January after making steady increases throughout the fall.
Spending cuts, or even the threat of them, have the potential to slow the economy and give the central bank no choice.