The Federal Reserve has battled a variety of economic troubles over the past 35 years. Between tech busts, a financial crisis ...

The Federal Reserve's recent 25-basis-point rate cut signals concern over labor market weakness, not a bullish near-term economic outlook. Despite anticipated further rate cuts, I expect the U.S.

Parts of the US economy, particularly housing, may already be in recession because of high interest rates, Treasury Secretary Scott Bessent said Sunday, repeating his call for the Federal Reserve to ...

Here's why economic slowdown could bring relief for homebuyers When recessions hit, the financial picture can seem grim, but there might be a silver lining: Mortgage rates tend to fall. This happens ...

Treasury Secretary Scott Bessent said the U.S. housing market is one subset of the economy that may be in recession because of high interest rates as he continues to call for the Fed to cut rates.

Learn how interest rates affect savings, borrowing, and the economy, impacting personal and business finances. Discover their ...

Recession concerns are back, and for some, that comes with worry for higher mortgage rates. This time, however, it’s unclear how rates might react. If we are, in fact, heading toward a recession, are ...

Rajeev Dhir is a writer with 10+ years of experience as a journalist with a background in broadcast, print, and digital newsrooms. Vikki Velasquez is a researcher and writer who has managed, ...

Rate hikes impact people in largely negative ways, experts told ABC News. The Federal Reserve on Wednesday dramatically escalated its fight to dial back historic inflation, raising its benchmark ...

Rising concerns over a possible recession have prompted many Americans to question how such an economic downturn could reshape the U.S. housing market. A new Realtor.com report found that nearly 30 ...