With the Federal Reserve's July meeting on the horizon, many prospective homebuyers and homeowners are wondering what it could mean for mortgage rates. After years of relatively high borrowing costs, even the slightest dip could open doors for those hoping to buy or refinance. But the path forward is far from clear.

Federal Reserve governor Adriana Kugler said the Fed should hold interest rates steady for a while to come, because new trade barriers are likely to spark more inflation in the months ahead. Speaking at a housing conference in Washington,

The U.S. Federal Reserve should not cut interest rates "for some time" as the impact of Trump administration tariffs begin passing through to consumer prices, with tight monetary policy needed to keep inflationary psychology in check,

The independence of central banks, which allows policymakers to operate free from political meddling, is considered sacrosanct by investors and economists.

CD rates are steady for now, but changes could come soon. Lock in a guaranteed return now and use our pro tips to maximize earnings and minimize risk.

By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of New York President John Williams declined on Wednesday to comment on President Donald Trump’s attacks on the central bank and what it might mean if the president were to somehow remove the Fed’s leader from office.

Former Federal Reserve Governor Kevin Warsh believes the Federal Reserve has mishandled interest rates and faces a credibility deficit due to changing policy goalposts. In an interview with CNBC, Warsh emphasized that the Fed’s current problems stem primarily from its own mistakes rather than external criticism.