Stories tagged: interest rates
UPDATED: Thu., Oct. 11, 2018, 8:36 p.m.
This week’s dizzying sell-offs in the financial markets have been a rude reminder that the U.S. economy is no longer relying on ultralow interest rates to fuel growth. Yet the …
Tue., Oct. 2, 2018, 5:10 p.m.
Federal Reserve Chairman Jerome Powell said Tuesday that he sees no need to drop the central bank’s current gradual approach to raising interest rates.
UPDATED: Wed., Sept. 26, 2018, 2:25 p.m.
The Federal Reserve signaled its confidence Wednesday in the U.S. economy by raising a key interest rate for a third time this year, forecasting another rate increase before year’s end …
UPDATED: Tue., Sept. 25, 2018, 5:37 p.m.
The Federal Reserve will meet Wednesday, and whatever the central bank’s policymakers decide will affect the loan rates that consumers as well as businesses will face in the coming months.
Fri., July 13, 2018, 8:55 a.m.
The Federal Reserve said Friday it expects low unemployment and rising inflation will keep it on track to raise interest rates at a gradual pace over the next two years. …
UPDATED: Tue., Feb. 27, 2018, 9:41 p.m.
New Federal Reserve Chairman Jerome Powell delivered a message Tuesday that wasn’t quite what Wall Street had expected: The U.S. economy is doing well, maybe even better than he thought …
UPDATED: Thu., Feb. 8, 2018, 5:14 p.m.
On Thursday, the Dow plunged over 1,000 points, bringing the index’s losses from its January highs to more than 10 percent. All of which has left investors wondering what the …
UPDATED: Tue., Feb. 6, 2018, 5:27 p.m.
If auto loan interest rates rise as expected this year, General Motors and others are likely to make more subsidized loans, including zero-percent financing, to keep car sales flowing.
UPDATED: Sat., Feb. 3, 2018, 11:15 a.m.
For more than a year, investors have brushed off bombastic talk about nuclear war, dysfunction on Capitol Hill and other worrisome situations. The Dow Jones industrial average and the Standard …
UPDATED: Wed., Dec. 13, 2017, 7:13 p.m.
The Federal Reserve is raising its key interest rate for the third time this year and foresees three additional increases in 2018, a vote of confidence that the U.S. economy …
UPDATED: Mon., Dec. 11, 2017, 6:30 p.m.
Investors seem certain about this: The Federal Reserve is going to raise interest rates this week for the third time this year.
Tue., Nov. 7, 2017
It will be Powell’s Fed. Assuming he’s confirmed by the Senate, Jerome (“Jay”) Powell will become the 16th chairman of the Federal Reserve Board in early 2018. Almost by definition, …
Mon., Aug. 21, 2017, 7:50 a.m.
The nation’s business economists believe that the Federal Reserve’s long-awaited move to start reducing its massive bond holdings will push long-term bond rates higher but most think the impact will …
Tue., Aug. 1, 2017
It’s hard to imagine President Trump reappointing her if she can’t navigate the Fed through the approaching shoals.
UPDATED: Wed., July 26, 2017, 4:28 p.m.
The Federal Reserve is keeping its benchmark interest rate unchanged at a time of low inflation, which remains persistently below the Fed’s target level.
UPDATED: Mon., July 24, 2017, 7:41 p.m.
The Federal Reserve has already achieved one of its two mandates: With the unemployment rate at just 4.4 percent, the Fed has essentially maximized employment.
UPDATED: Wed., July 12, 2017, 3:14 p.m.
Despite low inflation and a lot of uncertainties in the economic outlook, Federal Reserve Chair Janet Yellen said Wednesday she sees the need for the central bank to keep making …
Fri., July 7, 2017, 10:45 a.m.
The Federal Reserve said Friday it expects the U.S. economy will strengthen and warrant further gradual increases in its key interest rate.
Thu., July 6, 2017, 9:38 a.m.
Long-term U.S. mortgage rates rose this week to highest level since mid-May.
Thu., June 29, 2017, 8:34 a.m.
Long-term U.S. mortgage rates were unchanged to lower this week, as the benchmark 30-year rate reached a new low for the year.
Thu., June 22, 2017, 8:10 a.m.
Long-term U.S. mortgage rates dropped slightly this week.
Thu., June 15, 2017, 8:50 a.m.
Long-term U.S. mortgage rates edged up this week as the benchmark 30-year rate bounced back from a seven-month low.
UPDATED: Wed., June 14, 2017, 3:45 p.m.
The Federal Reserve has raised its benchmark interest rate for the third time in six months, providing its latest vote of confidence in a slow-growing but durable economy. The Fed …
Mon., June 12, 2017, 8:40 a.m.
The Washington political world is in disarray. Britain’s election tumult has scrambled the outlook for Europe. And economies in the United States and abroad are plodding along at a pace …
UPDATED: Fri., June 2, 2017, 8:46 p.m.
U.S. employers pulled back on hiring in May by adding only 138,000 jobs. Hiring was still enough to help keep pushing unemployment lower.
UPDATED: Wed., May 24, 2017, 1:27 p.m.
The central bank is watching for evidence that a recent slowdown in the economy is temporary and that inflation is heating up toward its goal before committing to another interest …
Thu., May 11, 2017, 8:23 a.m.
The Bank of England decided Thursday to keep its main interest rate at a record low of 0.25 percent as the economy weakens ahead of Britain’s departure from the European …
Thu., May 11, 2017, 8:04 a.m.
Mortgage rates wandered higher again this week after a brief slip but remain within a narrow band.
Thu., May 4, 2017, 7:52 a.m.
Long-term U.S. mortgage rates barely moved this week after rising last week for the first time in five weeks. The benchmark 30-year rate remained above the key threshold of 4 …
Wed., May 3, 2017, 12:06 p.m.
The Federal Reserve has left interest rates unchanged while signaling that it expects a resilient U.S. economy and solid job market to justify further rate hikes later this year.