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Today: June 05, 2026
Today: June 05, 2026

Federal Reserve

Business|Economy|Finance

US mortgage rates are staying high – and the Fed can do very little about it

Investors’ inflation expectations, much more than the central bank, are among the factors that affect the cost of home loans.

US mortgage rates are staying high – and the Fed can do very little about it
Business|Economy|Finance|US

Average US long-term mortgage rate falls to 6.48%, retreating from its highest level in 9 months

The average long-term U.S. mortgage rate eased this week from its highest level in nine months, welcome relief for prospective homebuyers

Average US long-term mortgage rate falls to 6.48%, retreating from its highest level in 9 months
Business|Economy|Finance|Stock Markets|US|World

IMF urges Fed caution on inflation as Warsh prepares to chair first policy meeting

The International Monetary Fund on Thursday urged the Federal Reserve in its first policy meeting led by new Fed Chair Kevin Warsh to stay cautious on rates due to

IMF urges Fed caution on inflation as Warsh prepares to chair first policy meeting
Business|Economy|Finance|Stock Markets|World

Boston Fed paper says Fed can concentrate on inflation risks amid energy shock

By Michael S.

Boston Fed paper says Fed can concentrate on inflation risks amid energy shock
Asia|Economy|Finance|Stock Markets|US|World

Yen touches 160, dollar slips from two-month high amid Iran talks

The dollar slipped from a two-month high on Thursday as optimism rose about a ceasefire in Lebanon, while markets were alert to possible intervention as the

Yen touches 160, dollar slips from two-month high amid Iran talks
Business|Economy|Finance|Stock Markets|US|World

US weekly jobless claims increase to four-month high; worker productivity revised down

The number of Americans filing claims for unemployment benefits increased more than expected last week, touching their highest level in four months,

US weekly jobless claims increase to four-month high; worker productivity revised down
Political

Supreme Court turns toward an explosive final month with Trump’s priorities at stake

Supreme Court turns toward an explosive final month with Trump’s priorities at stake

Supreme Court turns toward an explosive final month with Trump’s priorities at stake
Business|Economy|Finance|Stock Markets|US|World

Fed's Logan says a rate hike may be needed to beat inflation

Dallas Federal Reserve President Lorie Logan on Wednesday said signs of robust economic growth and corporate earnings "going gangbusters" are helping to make her

Fed's Logan says a rate hike may be needed to beat inflation
Business|Economy|World

Fed policy 'a bit loose,' need it to be 'restrictive,' Logan says

Federal Reserve Bank of Dallas President Lorie Logan on Wednesday said she feels monetary policy is currently "neutral or perhaps even a bit loose," in contrast with what she feels

Fed policy 'a bit loose,' need it to be 'restrictive,' Logan says
Business|Economy|Finance|Stock Markets|US|World

US services sector expands in May; supply constraints raise prices

U.S. services sector activity picked up in May as businesses preemptively placed orders and replenished inventories in anticipation of shortages and

US services sector expands in May; supply constraints raise prices
Business|Economy|Finance|Stock Markets|US|World

Fed policy is in 'right place' amid inflation risks, Williams tells Yahoo Finance

By Michael S.

Fed policy is in 'right place' amid inflation risks, Williams tells Yahoo Finance
Business|Economy|Finance|World

US service sector growth picks up in May; businesses face higher prices for inputs

U.S. services sector activity picked up in May as businesses preemptively placed orders and rebuilt inventories in anticipation of shortages and higher prices because of

US service sector growth picks up in May; businesses face higher prices for inputs
Business|Economy|Finance|Stock Markets|World

Yen dips to 160 level, prompting warnings from Japanese officials

Underlying dollar strength pushed the Japanese yen back to the key 160 level on Wednesday, prompting verbal warnings from authorities and keeping traders on

Yen dips to 160 level, prompting warnings from Japanese officials
Business|Economy|Finance|World

Warsh pledges to follow best of Fed's traditions, while also looking for change

Federal Reserve Chairman Kevin Warsh pledged to follow "the best of the Fed's traditions" in an opening note to the central bank's more than 20,000

Warsh pledges to follow best of Fed's traditions, while also looking for change
Business|Economy|Finance|World

Fed Chair Warsh names policy veterans Winfree, Heil as interim advisers, WSJ reports

Federal Reserve Chair Kevin Warsh has tapped two conservative policy veterans, Paul Winfree and Daniel Heil, to advise him while he settles into the job, the Wall Street Journal

Fed Chair Warsh names policy veterans Winfree, Heil as interim advisers, WSJ reports
Business|Economy|Finance|Stock Markets|Technology

Wall St ends modestly higher as AI zeal overcomes Middle East jitters

The S&P 500 and the Dow closed modestly higher on Tuesday as risk appetite driven by AI fervor was counterbalanced by tensions arising from

Wall St ends modestly higher as AI zeal overcomes Middle East jitters
Business|Economy|US|World

US job openings rise by the most since 2021; hiring weak amid economic uncertainty

U.S. job openings increased by the most in five years in April, but the surge likely overstates the labor market's health, as hiring declined against

US job openings rise by the most since 2021; hiring weak amid economic uncertainty
Business|Economy|Finance|Political|World

Fed's Hammack says rates may need to rise if rising inflation does not abate

By Michael S.

Fed's Hammack says rates may need to rise if rising inflation does not abate
Business|Economy|Finance|Political|World

More Fed policymakers eye possible rate hike as inflation risks rise

By Michael S.

More Fed policymakers eye possible rate hike as inflation risks rise
Business|Economy|Finance|Stock Markets|US

Jobs report on tap for soaring US stocks as rate path, bond yields eyed as risks

Investors will turn to an important labor market update next week as they weigh whether simmering inflation and the potential for interest rate hikes

Jobs report on tap for soaring US stocks as rate path, bond yields eyed as risks
Business|Economy|Finance|Stock Markets|US|World

Fed's Bowman says extended energy shock could drive shift in policy outlook

By Michael S.

Fed's Bowman says extended energy shock could drive shift in policy outlook
Business|Economy|US

Bessent says he had breakfast with Fed's Warsh on Thursday

U.S. Treasury Secretary Scott Bessent said he had breakfast with new Federal Reserve chair Kevin Warsh on Thursday.

Bessent says he had breakfast with Fed's Warsh on Thursday
Business|Economy|Finance|Stock Markets|US

Key inflation gauge worsens as Americans' income and spending power erodes

A key inflation gauge accelerated in April to the highest level in three years, the latest sign that spiking gas prices and higher food costs are squeezing Americans’ finances

Key inflation gauge worsens as Americans' income and spending power erodes
Business|Economy|Finance

Fed Chair Warsh's preferred inflation measure is cooling. A big pinch of salt is advised

One of new Federal Reserve Chairman Kevin Warsh's favorite inflation measures came in cool again on Thursday, offering evidence for his belief that inflation is

Fed Chair Warsh's preferred inflation measure is cooling. A big pinch of salt is advised