The Federal Reserve is widely expected to vote at its July 29-30 policy meeting to keep interest rates unchanged. But investors will parse the Federal Open Market Committee statement and Fed Chair Jer

U.S. economic data demands a shift from the Federal Reserve's previous "wait-and-see" stance. It's time for an interest rate cut.

When the Fed cut short rates in the fall, long-bond yields spiked.

Under normal circumstances, a pair of dissents in favor of a rate cut would be taken as a sign the Fed is taking a dovish turn, Tom Essaye, editor of Sevens Report Research, wrote in a Tuesday note. It would be signal that policymakers are moving in favor of easing, making a reduction at the next meeting a more likely event.

A Trump-Powell clash could shake up interest rates, inflation and your summer spending. Here are 3 ways it might hit your wallet.

For the past several months, the average 30-year fixed mortgage rate has sat between 6.5% and 7%. Prospective homebuyers shouldn't hold their breath for that to change anytime soon. On July 30, the Federal Reserve is expected to keep borrowing rates the same at its fifth monetary policy meeting this year.

For months, President Donald Trump has been threatening to fire Powell, primarily because the president thinks that short term interest rates, which currently stand at 4.25 to 4.50 percent, are too high. Every time the president flirts with unseating Powell, he has pulled back, but could he actually do it?