The average rate on 30-year fixed home loans registered at 6.58% for the week ending Aug. 21, same as last week.

World shares are mixed after the head of the Federal Reserve hinted that cuts to interest rates may be on the way.

Asian shares advanced on Monday, tracking Wall Street’s rally after the head of the Federal Reserve hinted that cuts to ...

Jerome H. Powell said the “balance of risks” across the economy had started to shift, raising the odds the central bank ...

Federal Reserve Chair Jerome Powell carefully opened the door to an interest-rate cut in September, pointing to rising risks ...

Federal Reserve Chair Jerome Powell said the balance of risks to the labor market and inflation have shifted, signaling a ...

For months, Jerome Powell largely ignored President Donald Trump’s constant hectoring that he reduce borrowing costs. On ...

Federal Reserve Chair Jerome Powell signaled a likely interest rate cut in September, noting "downside risks" to employment.

Brian Mulberry, senior portfolio manager at Zacks Investment Management, noted that Powell’s stance seemed more aligned with ...

Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming ...

Federal Reserve Chair Powell must tread a fine line as he readies a message on interest rate cuts at the central bank's ...