Michael Reid, the US Economist at RBC Capital Markets, says the Fed is still on track for a rate cut in December.

Earlier on Thursday, mortgage rates rose again for the sixth consecutive week, hitting a four-month high of 6.79%, according ...

The Federal Reserve on Thursday made its second rate cut of this year, with the decision coming less than two months after ...

After a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point ...

When inflation is high and the economy is in overdrive, the Fed tries to pump the brakes by discouraging borrowing. It does ...

The Fed cut rates for the second time this year. Learn how this impacts mortgage rates and what to expect in the coming ...

Prognosticators anticipate the Federal Reserve on Thursday will announce a second rate cut after lowering the federal lending ...

The Federal Reserve cut its key interest rate by a quarter-point in response to a steady decline in once-high inflation that ...

Follow news from today's Fed meeting where the FOMC is expected to cut interest rates and chair Jerome Powell will speak.

The Federal Reserve doesn't directly set mortgage rates, but it influences them by making changes to the federal funds rate, ...