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

Fed expected to deliver third straight rate cut this week amid labor concerns

Fed policymakers face a tough decision on rates with inflation remaining above target as weak job market data and rising layoffs complicate the outlook for the December meeting. Read More

Fed governor says current economy is 'calling for large interest rate cuts' to help job market

Fed governor Stephen Miran calls for large interest rate cuts, warning that current policy is "holding the economy back" and pushing unemployment higher. 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