Inflation improved in April, but Fed not expected to budge on rates

Trump administration keeps up pressure on Fed, but investors don’t expect the U.S. central bank to cut short-term rates until September. Continue reading

Shrinking economy bolsters the case for a June Fed rate cut

Advance GDP reading suggests the economy shrank by 0.3 percent during Q1, as a rush by businesses to import goods before tariffs took hold and government spending cuts dented growth. Continue reading

Mortgage rates climb as investors weigh impact of election results

Appetite for bonds wanes as investors pile into the stock market and assess whether Donald Trump’s return to the White House will fuel more government borrowing and reignite inflation. Continue reading

Mortgage rates surge as Trump’s odds improve after debate

Investors weigh the potential for higher tariffs, tighter restrictions on immigration, and an extension of 2017 tax cuts to fuel inflation under a second Trump administration. Continue reading

Rating agencies issue more cautions about banking industry

It’s not just regional banks but larger lenders, such as JPMorgan and Bank of America facing uncertainty if interest rates stay higher for longer, analysts said. Continue reading