Thinking about taking out a mortgage loan? Current mortgage rates remain at 6.88% for 30-year terms, while 15-year terms rise ...

Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the ...

President-elect Donald Trump’s return to the White House already carried potentially sweeping changes for the Federal Reserve ...

Bank of America CEO weighed in on the incoming Trump administration and the challenges ahead for the Federal Reserve.

Two days after Donald Trump became the first American since Grover Cleveland to win nonconsecutive presidential elections, the Federal Reserve announced a ...

Federal Reserve Chair Jerome Powell was asked for his thoughts on large budget deficits and the rising national debt at his ...

Many economists still expect another quarter-point cut ahead in December. But expect more debate on the Fed's path in 2025.

Jerome Powell was prepared to go to court when the president floated his dismissal six years ago. If it happens again, the ...

President-elect Donald Trump has vowed to reduce interest rates, but the path to achieving this is largely beyond his influence. While Trump has criticized the Federal Reserve’s handling of rates, ...

President-elect Donald Trump has won Arizona and its 11 electoral votes, CBS News projects, giving him a sweep of all seven ...

Yet, Powell’s defiance ought to provoke us to ask why wealthy, pampered, out-of-touch technocrats like Jerome Powell get to ...

Federal Reserve Chair Jerome Powell said he would not resign from his position if President-elect Donald Trump asks him to do ...