benchmark overnight interest rate
Fed to hold rates steady as inflation dims hopes for policy easing
The Fed is almost certain to hold its benchmark overnight interest rate steady, with investors placing nearly a 100% probability on that outcome.
The Fed is almost certain to hold its benchmark overnight interest rate steady, with investors placing nearly a 100% probability on that outcome.
The Federal Reserve left interest rates unchanged on Wednesday but took a major step towards lowering them in coming months.
U.S. employers hired more workers than expected in December while raising wages at a solid clip.
Declining mortgage rates and incentives from builders are likely to draw potential buyers back into the housing market.