News

Powell warns economy could face more frequent 'supply shocks'
Fed Chair Jerome Powell spoke about how the central bank's monetary policy framework could shift if inflation is more ...
Canadian dollar gains as investors eye Fed easing prospects
The Canadian dollar strengthened against its U.S. counterpart on Thursday as U.S. economic data fueled speculation the ...
Average rate on a US 30-year mortgage rises to 6.81%, its highest level since late April
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, ...
Fed's Powell says US may be entering period of more frequent and persistent 'supply shocks'
Federal Reserve Chairman Jerome Powell said Thursday that the US may be entering a period of more frequent supply shocks and ...
XONE: How I Learned To Stop Worrying About The Trade War
XONE faces pressure from trade war risks and potential Fed rate cuts, which may lower yields but support long-term value.
Dollar Weakens Despite Expected Delay in Fed Cuts
The dollar weakened as fresh data showed moderating inflation and cooling activity, amid tariff uncertainty.
Powell to Speak on Fed's Future
Top News Jerome Powell to Speak on Federal Reserve's Future. What to Watch. Federal Reserve Chair Jerome Powell this morning is likely to focus on the central bank's review of its monetary policy ...
Today's Mortgage Rates | Rates High as Markets Weigh Inflation Outlook
These are today's mortgage and refinance rates. If inflation goes up as a result of tariffs, mortgage rates may rise this ...
Gold hits over one-month low; US PPI data in focus
Gold prices hit an over one-month low on Thursday ahead of a key U.S. data, which is expected to provide cues on the Federal ...
Inflation and trade whiplash expected to keep interest rate cuts on hold
The Federal Reserve is finding fewer reasons to get out of its interest rate holding pattern with constantly evolving trade policy from the White House.
Why a former Fed chief says the China trade deal creates more problems for Powell and the central bank
Former Fed president Bill Dudley warned that the central bank risks mistiming interest rate cuts if the economy stumbles into ...
Before resuming interest rate cuts, Fed official seeks 'a lot' more good inflation reports
Chicago Fed chief Austan Goolsbee called the April inflation report 'comforting' but said he needs to see several more as officials consider rate cuts ...