Mortgage rates rose between 2021 and late 2023 as the Federal Reserve raised its benchmark fed funds rate to fight inflation.

Musk criticises government spending as inflation cause. Appointed to lead 'Department of Government Efficiency'. Plan ...

Repealing the subsidy, which has been a signature measure of President Joe Biden's Inflation Reduction Act (IRA), is being discussed in meetings by an energy-policy transition team led by billionaire ...

Andriana Kugler, a member of the Fed’s board, says economic research shows that an independent central bank typically does a ...

Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance their home loan to a lower rate ...

The Producer Price Index delivered a higher-than-expected annual wholesale inflation rate of 2.4% in October, its highest ...

Major U.S. equity averages searched for direction Thursday, as investors weighed a second straight reading of firm monthly inflation, albeit within market expectations. Thursday's session brought in ...

Biden’s White House welcome to Trump versus Trump’s snub of Biden four years ago is matched by lack of reciprocity in the ...

Economists say there’s very little a president can do in the short term to get grocery prices down since sustained declines ...

Job losses and price hikes inevitable, warn UK’s biggest firms in stark message to Rachel Reeves over Budget - The bosses of ...

Inflation increased to 2.6% in October, rising modestly from the previous month, according to the Consumer Price Index (CPI) ...

October inflation readings out this week have shown little progress toward the Fed's two percent inflation target, putting ...