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The 30-year fixed-rate mortgage averaged 6.66% in the week ending Aug. 14, down four basis points from the previous week.
Inflation has gone from creeping upward to surging, but investors are betting the effects of tariffs will be transitory.
WASHINGTON (Reuters) -U.S. producer prices increased by the most in three years in July amid a surge in the costs of goods ...
CME's closely watched FedWatch tool uses the futures market to predict rate-cut odds. It currently pegs at 93% the probability that at the central bank's next meeting, on Sept. 17, Fed Chairman Jerome ...
Chicago Fed's Austan Goolsbee says rising producer prices and sticky services inflation raise concerns about tariff-driven ...
"The hardest thing that the Fed ever has to do is get the timing right at moments of transition,” Goolsbee said on NBC News’ ...
Bitcoin falls on hot July PPI data showing 0.9% jump. Inflation fears dim Fed rate cut hopes. Retail sales data next key risk factor.
Here's a letter from a weary Moneyist reader in the aftermath of the latest inflation data: "I'm confused! Inflation numbers are up and the stock market is also up, supposedly because Wall Street ...
The brunt of tariffs is yet to be felt. Importers padded inventories before Liberation Day or absorbing the costs, delaying ...
Chicago Fed President Austan Goolsbee called a jump in the prices of some services “the most concerning thing” in Tuesday’s ...
The initial headline number showed that the often overlooked gauge, which measures prices paid to domestic producers, rose by 0.9% in July. That was the fastest pace in three years, and much higher ...