Who benefits from the Fed’s decision not to raise interest rates
Borrowers, homeowners and investors could all benefit from the Federal Reserve's decision to keep interest rates steady for the foreseeable future.
WATCH: Federal Reserve foresees no interest rate hikes in 2019
The Fed is all but sure to keep its key short-term rate — which can influence mortgages and credit cards — below 2.5 percent.
Federal Reserve says it will be ‘patient’ on interest rate hikes
The Fed's semi-annual report to Congress on monetary policy cites a range of risks to the economy that have developed over the last six months, as well as continued muted inflation as reasons to slow further hikes.
Trump, Federal Reserve Chair Powell meet over dinner
The dinner marks the first time Trump and Powell have met since Trump picked him for the top Fed job in November 2017.
The final jobs report of 2018 released Friday, boasting 312,000 jobs added in December, puts the U.S. economy on track for another relatively strong showing in 2019, with economists predicting a slowdown coming toward the end of the year.
As the Federal Reserve edges closer to ending its rate hikes altogether, its decision-making has become trickier.
In a sign of confidence in economic growth, the Federal Reserve raised its benchmark interest rate by a quarter point, to its highest level in a decade. Fed chairman Jerome Powell said politics played "no role whatsoever" in the bank's…
In a speech to the Economic Club of New York, Powell said that rates are close to "neutral," the level at which they neither hold back growth nor aid it. That relieved investors who feel the nine-year-old bull market could…
Despite the recent uptick, home sales are still down from a year ago, hurt by rising interest rates.
