At the beginning of the year, housing experts and homebuyers looked forward to better buying conditions — interest rates were poised to drop, a shift expected to free up inventory and cool ...

Thanks for joining us. Here are five key takeaways from the FOMC interest rate decision and Federal Reserve Chair Jerome Powell’s press conference on Wendesday: ...

Ever since mortgage interest rates jumped in 2022, some Californians have had a strategy: Buy now and, once rates drop, refinance to save hundreds of dollars each month. The idea — pushed by ...

Federal Reserve Chair Jerome Powell signaled that first-quarter inflation data has raised uncertainty over when and if lower interest rates would come later this year. Photo: Samuel Corum ...

Bank Indonesia defied expectations and raised its benchmark interest rate to a record high to help guide the rupiah below the psychological level of 16,000 against the dollar by year-end. The ...

The Federal Reserve meets this week for the first time since recent high inflation readings dampened hopes that the central bank would lower interest rates three times this year. The prospect of ...

The prospects for an interest rate cut next month have not been helped by the latest wage growth figures which have come in higher than expected. Data from the Office for National Statistics (ONS ...

Shifting expectations for UK interest rate cuts have contributed to a dip in house price growth, according to a closely watched measure. Nationwide reported a 0.4% fall in average property costs ...

Stubborn inflation has led traders to forecast far fewer rate cuts by the Federal Reserve than just a few months ago. Average monthly effective Fed funds rate based on futures contract prices. The ...

U.S. economic growth slowed dramatically in first quarter of 2024, with inflation-weary consumers tightening their belts and spending less, the government reported on Thursday. The figures ...

The Federal Reserve held interest rates steady in its latest decision on Wednesday. Powell has maintained that the Fed needs more data before it can cut interest rates. That means that relief ...