November inflation increase won't derail Fed interest rate cuts
Inflation in November rose modestly, with housing costs continuing to be a major factor in price increases. However, the Fed is expected to proceed with an interest rate cut next week.
Will October's inflation increase slow the pace of interest rate cuts?
The Federal Reserve may reconsider the pace of interest rate cuts if inflation continues to rise.
Seniors to get moderate cost of living bump in Social Security payments next year
The Social Security Administration announced 2025's cost of living adjustment (COLA) to Social Security checks.
Fed cuts interest rates for first time in 4 years – here's what that means for your wallet
The Federal Reserve cut interest rates, signaling that it has won the fight against inflation.
Inflation hits 2.5% in August, keeping the Fed on track to lower interest rates
The annual inflation rate in August was 2.5%, but core inflation remained sticky at 3.2%, according to the latest Consumer Price Index (CPI) report.
Biden asks Supreme Court to lift block on student loan repayment plan
The Biden Administration has turned to the Supreme Court to help lift a block on the Saving on a Valuable Education (SAVE) plan.
July inflation drops below 3% as Fed considers September rate cut
Inflation dipped below 3% for the first time in three years, and that, combined with other economic indicators, may push the Fed to slash interest rates more than once.
Mortgage rates drop to new low as Fed grows closer to slashing interest rates: Freddie Mac
The average 30-year fixed-rate mortgage was 6.73% for the week ending Aug. 1, according to Freddie Mac's latest Primary Mortgage Market Survey.
Higher rates to linger, Fed may make cuts in September
The Federal Reserve did not announce interest rate cuts but is showing signs that it may be ready to soon.