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Jerome Powell, chair of the US Federal Reserve, during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, DC, US, on Wednesday,…

Key Insight: The October Federal Open Market Committee cut interest rates by 25 basis points as expected, but comments from Chair Jerome Powell caught market watchers…

The Federal Reserve is expected to cut interest rates on Wednesday, and wealthy U.S. households may benefit most. The federal funds rate is the interest rate at…

Jerome Powell, chairman of the US Federal Reserve, during the International Monetary Fund (IMF) and World Bank Fall meetings at the IMF headquarters in Washington, DC,…

The Federal Reserve is expected to lower borrowing costs again on Wednesday. Another quarter-point reduction, on the heels of September’s cut, would bring the federal funds…

Before you take out a credit card, experts generally advise you to compare purchase annual percentage rates.   But what is that?   This number—commonly abbreviated as “purchase…

Canada is already in a recession, and the Bank of Canada must act quickly to bring interest rates down, CIBC deputy chief economist Benjamin Tal told…

Federal Reserve Governor Stephen Miran said Wednesday that the latest impasse in trade talks between the U.S. and China poses new dangers to the economic outlook…

I’ve mentioned on several occasions that I predicted a sub-6% mortgage rate by the fourth quarter of 2025.We are now in the fourth quarter, but still…