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federal reserve

Mortgage Rates Idle While Spring Homebuying Season Stalls

Mortgage Rates Idle While Spring Homebuying Season Stalls

Mortgage interest rates edged modestly lower this week as the Iran ceasefire was extended. Day-to-day we've seen rates rise and fall, but the moves have been small enough that rates are more or less stable. The average rate on a 30-year fixed-rate mortgage fell

Kevin Warsh, a former Fed 'hawk' now in tune with Trump

Kevin Warsh, a former Fed 'hawk' now in tune with Trump

Kevin Warsh, Donald Trump's choice to lead the US central bank, was once an inflation foe but has since made the case that interest rates could be lower -- an outcome the president has pushed for. Trump announced in January that Warsh, 56, was his choice to succeed Federal

US Fed chair nominee says will not be controlled by Trump

US Fed chair nominee says will not be controlled by Trump

Donald Trump's choice to lead the US Federal Reserve, Kevin Warsh, stressed Tuesday that he would not be controlled by the president as he fielded questions on his assets and central bank independence during his confirmation hearing. Warsh, a former Fed governor, was quick to emphasize his commitment

Senators grill Warsh on Fed independence, assets

Senators grill Warsh on Fed independence, assets

(The Center Square) - Senators grilled Kevin Warsh, President Donald Trump’s nominee to lead the Federal Reserve, over his asset disclosures and independence from the president’s decision-making. The U.S. Senate Banking, Housing and Urban Affairs committee held a confirmation hearing for Warsh on his plans to reform

Warsh calls for Fed independence, reform

Warsh calls for Fed independence, reform

(The Center Square) - Kevin Warsh, President Donald Trump's pick to lead the Federal Reserve, said he would maintain the central bank's independence from the president and enact reforms to its procedures. "I'm committed to ensuring that the conduct of monetary policy remains strictly

Trump Fed chair pick to vow interest rate independence at key hearing

Trump Fed chair pick to vow interest rate independence at key hearing

Kevin Warsh, US President Donald Trump's choice to lead the Federal Reserve, will stress his dedication to central bank independence on interest rates at a crucial confirmation hearing Tuesday, according to prepared remarks seen by AFP. "I am committed to ensuring that the conduct of monetary policy

S&P 500, Nasdaq end at records as markets bet on US-Iran accord

S&P 500, Nasdaq end at records as markets bet on US-Iran accord

Major Wall Street stock indices finished at records Wednesday, extending an upward climb on optimism about an accord in the US-Iran conflict as the White House signaled plans for more talks. After a mixed day on European stock markets, both the broad-based S&P 500 and tech-