The current average mortgage rate on a 30-year fixed mortgage is 6.18%, compared to 6.16% a week earlier, according to the ...

Inflation is on the rise again. That was the major economic takeaway on Friday morning after the Bureau of Labor Statistics released its delayed reading on inflation for September. Released later than ...

The Federal Reserve cut rates by 25 basis points and projects gradual reductions through 2028, with a long-term target of 3.0%. Inflation is expected to remain slightly elevated, with 2026 projections ...

The Consumer Price Index climbed at an annual rate of 3% in September, coming in below economists' forecasts as the impact of President Trump's tariffs remain muted. Economists polled by financial ...

August CPI showed a 0.4% monthly rise, pushing year-over-year inflation to 2.9%, the highest in eight months. Food and durable goods inflation accelerated, while services and housing inflation ...

WASHINGTON – The Federal Reserve held interest rates steady again Wednesday and kept its forecast for two cuts this year as officials struggled to balance the dual hazards of President Donald Trump’s ...