News

Don't expect interest rates to fall soon after Trump called Fed's Powell a 'major loser'
President Donald Trump could be setting up Fed Chair Jerome Powell as a 'scapegoat' if a recession hits, according to an MSU ...
Does All This Inflation Talk Mean I Bond Rates Will Jump on May 1?
By design, U.S. Treasury I bonds will always out-pay inflation. So if tariffs push inflation up, will I bond rates increase, ...
Why Trump's call for the Fed to cut interest rates may not help consumers
President Donald Trump is badgering the Federal Reserve to cut interest rates, but even if the Fed gave in to the pressure, ...
The Tariff Turmoil Could Trigger 4 Interest Rate Cuts in 2025 -- Here's What It Means for Stocks
According to the CME Group 's FedWatch tool, which calculates the probability of the central bank's potential decisions based on the interest rate futures market, there could be four cuts before 2025 ...
Powell says Fed can 'wait for greater clarity' on tariffs before cutting interest rates
Fed's Powell says tariffs put its goals of low inflation and a stable economy in tension. So it will 'wait for greater ...
Fed chairman Jerome Powell warns of tariff strife as President Trump seeks lower interest rates
President Donald Trump can't wait for Federal Reserve chairman Jerome Powell's "termination," after Chicago speech. Here's ...
History of CD Interest Rates
CD rates are a product of their economic times, and we're currently in a rosy period. At other times in history, CD rates ...
Trump's Clash With Fed Chair Powell Over Interest Rates Could Backfire in the Mortgage Market
On Monday morning, Trump again lashed out at Powell on his Truth Social, calling the Fed chair "a major loser" and demanding ...
Russia’s Central Bank Holds Key Rate, Warns of Tariff Impact on Inflation
Russia left its key interest rate unchanged for a fourth straight meeting, despite a continuing rise in inflation driven by ...
Mexico’s Inflation Unexpectedly Ticked Up as Banxico Cuts Rates
Mexico’s annual inflation unexpectedly ticked up in the first two weeks of April while remaining within the central bank’s ...
Tariffs Keep The Federal Reserve Focused On Inflation, But No Change Is Expected For Interest Rates
The path ahead for tariffs is still a wild card for the Fed with respect to inflation’s path. The market continues to ...
Today's Mortgage Rates | Rates End the Week a Bit Lower
These are today's mortgage and refinance rates. Mortgage rates are down today, but the potential for volatility remains.