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The Fed has held its benchmark interest rate between 4.25% and 4.5% this year, though officials have penciled in two cuts by ...
The average rate on 30-year fixed home loans registered 6.63% for the week ending Aug. 14, down from 6.58% last week.
Despite President Trump ramping up pressure on Federal Reserve Chair Jerome Powell to cut interest rates, the Fed held rates steady at 4.25% to 4.5% on July 30. Trump has been insistent on a major cut ...
The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump made an unusual visit to ...
The Federal Reserve left its key interest rate unchanged at 4.25% to 4.5% and offered no clues on whether it will resume its rate cuts in September.
The average rate on 30-year fixed home loans registered 6.63% for the week ending Aug. 7, down from 6.72% last week.
The Fed is hesitant to change interest rates largely due to one factor uncertainty over President Donald Trump's tariffs. The ...
Treasury Secretary Scott Bessent said interest rates should be substantially lower than they are now, and he believes there ...