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On Thursday, Banco de Mexico (Banxico) reduced interest rates by 50 basis points from 9% to 8.50% on an unanimous vote.
The average rate on a 30-year mortgage has remained relatively close to its high so far this year of just above 7%, which it set in mid-January. The average rate’s low point so far was five weeks ago, ...
Considering a low-rate HELOC or home equity loan this month? Here are four borrowing rules experts say to follow.
Forthcoming changes to the Federal Reserve’s rate-setting framework are unlikely to influence officials’ current decisions.
Economists expect the bank to continue a trend that started in 2024 when it initiated its interest rate cuts. It has slashed ...
Fed’s Goolsbee says it’s ‘not realistic’ to expect business or central banks to make major decisions
Despite all the tumult in the markets, the underlying data—which comes in with a lag—suggests the economy is still faring ...
The Federal Reserve has likely come across your radar at some point. Often referred to as simply "the Fed," this central ...
Wall Street bounced between small gains and losses in meek trading as markets await the latest data from the retail sector ...
Hyperbole aside, last month’s inflation rate was lower than economists expected. But some analysts believe the relatively strong report could be the final calm before the storm, as American firms ...
Although they long for more clarity about tariffs, investors are nervous about sitting on the sidelines as stocks climb.
Inflation eased to a four-year low in April as the nascent impact of President Donald Trump ’s sweeping tariffs were offset by their cost-dampening effects in a slowing economy.
Most U.S. stocks are rallying Tuesday following an encouraging report that showed inflation unexpectedly slowed across the ...
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