Sterling extended its losses to reach a three-month low against the euro on concerns about a faster pace of U.K. rate cuts and potential tax rises to plug a fiscal black hole.

German Bund yield falls in early trade, shrugging off U.S. President Trump’s announcement of 30% tariffs on the EU starting on Aug. 1. However, Europe seeks to negotiate before imposing ...

The average 30-year fixed rate mortgage was 6.68% yesterday, unchanged since the day before. The 15-year fixed mortgage rate stood at 5.68%, the same as one the day before. The 30-year FHA mortgage ...

STIP outperformed expectations with a 9% gain and offers upside if inflation surprises, but return prospects remain moderate.

With the caveat that this is a low-probability event, we discuss what the implications of an early departure of Powell would ...

Savers should carefully weigh the pros and cons of high-yield savings accounts this July before starting. /iStockphoto . If ...

Yesterday, we characterized the prevailing mortgage rate momentum as "broadly sideways," and while that's still very true in ...

The central bank remains cautious, even as calls for rate cuts grow louder from the White House and other policymakers.

The Federal Reserve last month voted unanimously to leave rates unchanged. Fed Chair Jerome Powell said he expected ...

The Canadian dollar edged higher against its U.S. counterpart on Thursday but the move was modest as the greenback notched ...

Fed Chair Jerome Powell has sketched out new conditions that could trigger rate cuts by summer’s end, but inflation remains a ...

Investors in U.S. stock markets need to stop obsessing about when, and by how much, the Federal Reserve will cut interest ...