The Federal Reserve just cut its benchmark rate for the first time since last year, but that doesn't guarantee mortgage rates will keep dropping.| AP News
The Federal Reserve cut its key interest rate by a quarter-point and projected it would do so twice more this year as concern grows at the central bank about the health of the nation’s labor market.| AP News
Stocks closed higher on Wall Street after an afternoon push left major indexes just below their recent records.| AP News
The Federal Reserve’s preferred inflation gauge mostly held steady last month despite President Donald Trump’s broad-based tariffs, but a measure of underlying inflation increased.| AP News
President Donald Trump’s attempt to fire a member of the Federal Reserve’s governing board has raised alarms among economists and legal experts.| AP News
Markets are pricing in an aggressive path for interest rate cuts starting in September.| CNBC
The former president and his backers aim to strengthen the power of the White House and limit the independence of federal agencies.| www.nytimes.com