But the money supply is finally growing again, and its growth is accelerating. In April and May, the M2 money supply grew 0.6% year over year. That climbed to 1% in June and 1.3% in July.
Mortgage rates have fallen significantly but could drop even further in 2025. Find out what it could mean for you.
Futures for the Dow Jones Industrial Average slipped 18 points, effectively trading flat, and S&P 500 futures ticked down 0.1%. Both gauges had rallied to new highs on Thursday as investors mulled the ...
By the end of 2024, interest rates will fall nearly another half of a percentage point from their current level of between ...
The Federal Reserve has at last cut interest rates but our columnist points out a host of concerns that could weigh on ...
Despite these challenges, the latest report offers some optimism. The four-week average of claims, which smooths out weekly ...
Over the past few years, elevated mortgage rates and sky-high housing prices have contributed to a lack of home affordability ...
Asian stocks surged on Friday with Japan’s Nikkei leading regional gains after Wall Street romped to records following the ...
Jay Powell argued this week that the Fed is not 'behind' as it starts rate cuts. His main task in the coming months is to ...
Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance their home loan to a lower rate, also eased this week with the average rate falling from 5.27% to 5.15%. A ...
Financial advisors say the rate cut proves the Fed thinks we’re at a point where we can safely lower interest rates to ...
The S&P 500 jumped 1.7% topped its last all-time high set in July. The Dow Jones Industrial Average leaped 522 points for an all-time high.