Fed holds interest rates steady
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Jerome 'Too Late' Powell again refused to cut interest rates, even though he has absolutely no reason to keep them so high. He is hurting our Country, and its National Security,' US president says aft
Trump's proposal draws attention amid a DOJ probe into Fed Chair Jerome Powell.
The Federal Reserve concluded its first meeting of 2026 by holding the federal funds rate (FFR) steady in the 3.50%-3.75% range.
The average long-term U.S. mortgage rate edged up for the second week in a row, but remains just above its lowest level in more than three years.
President Donald Trump’s housing proposals have focused on lowering mortgage rates without reducing home prices, raising questions about whether affordability can improve without hurting housing values.