A big drop in the federal funds rate generally points to a decent drop in mortgage rates. Find out how you can take advantage of the situation.

Elon Musk, the CEO of Tesla and SpaceX and a billionaire supporter of newly elected President Donald Trump has endorsed the ...

Economists surveyed by LSEG predict GDP data on Friday will show a quarter-on-quarter growth rate of 0.2 per cent for the three months to September. That is below the 0.5 per cent in the previous ...

On a "core" basis, which strips out food and energy prices, CPI is forecast to have risen 3.3% over last year in October, ...

The Fed has a dual mandate from Congress to act independently to tackle both inflation and unemployment -- primarily by ...

The Federal Reserve cut interest rates on Thursday for the second time in three months, likely setting the stage for a drop ...

RBC Royal Bank has announced it will lower its US Prime rate from 8% to 7.75%, effective December 9, following the US Federal ...

While Trump has sought to pressure the Fed to cut rates, consumer rates on mortgages and other loans are determined by a ...

Federal Reserve Bank of Minneapolis President Neel Kashkari said a strong economy and higher productivity growth may drive ...

Following Trump’s win as US President, equity markets surged to record highs, fueled by investor optimism, while bond yields ...

Minneapolis Federal Reserve President Neel Kashkari said he was not concerned about a potential clash between the Fed and ...