Economy News Fed Rate Hikes Can End Now That U S Job Gains Are The Size Of An Economy Like Australia’s, Says Blackrock

Even if Fed cuts rates again, U.S. economy may not get much of a boost

Rate-sensitive industries, like housing, could see a limited benefit from lower borrowing costs because prices remain near record highs. Read More

Is the U.S. job market weakening as layoffs surge and unemployment rises despite 119,000 new jobs — December Fed rate cut now a done deal?

U.S. labor market is showing clear signs of strain despite the addition of 119,000 jobs in September. The unemployment rate rose to 4.4 percent, up from 4.3 percent, reaching its highest level since ... Read More

Fed cuts interest rates for second time this year amid labor market weakness

The Federal Reserve on Wednesday announced its second interest rate cut of this year as policymakers moved to support the labor market despite inflation remaining above the central bank's target. Fed ... Read More

What happens to mortgage rates now that the Fed cut rates? Here's what's happened previously.

After weeks of anticipation, the Federal Reserve trimmed its benchmark interest rate today, dropping the benchmark rate by another 25 basis points, marking its second rate cut of 2025. The move, which ... Read More