News

Weakening US jobs market hits center of Fed rate policy debate
Surprisingly weak July hiring data released on Friday highlighted a fractious Federal Reserve debate over whether the central ...
Weak Jobs Report Raises Chances of a September Interest Rate Cut
The Federal Reserve held rates steady in July but two governors dissented, saying they had concerns about labor market ...
Mortgage Rate Outlook: Should You Lock Now Or Wait For Possible Fed Cuts?
Americans shopping for a mortgage may want to hold tight for now. At its July 30 meeting, the Federal Reserve did not deliver ...
Is credit card debt forgiveness still worth it with interest rates paused?
Fed rates stayed put in July, but does that change the route you should take to deal with your credit card debt?
Did the Fed cut interest rates Wednesday? No, but here's when they might
Interest rates for credit cards to mortgages have jumped since the Fed began fighting inflation in 2022. Here's where experts ...
Canadian dollar pares weekly decline as Fed rate cut bets surge
The Canadian dollar rebounded from a two-month low against its U.S. counterpart on Friday as weaker-than-expected U.S. jobs ...
The two Fed dissenters say worries about labor market led them to push for lower rates
The two Federal Reserve governors who dissented from the central bank’s decision to hold interest rates steady this week said ...
Fed governors Bowman, Waller explain their dissents, say waiting to cut rates threatens economy
Two Federal Reserve officials who voted this week against holding a key interest rate in place explained their decisions ...