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Top Merca2.es News

The Fed Faces Economic Uncertainty and Political Pressure as It Decides Whether to Cut Rates — REUTERS / pwu404

Federal Reserve · United States

The Fed Faces Economic Uncertainty and Political Pressure as It Decides Whether to Cut Rates

72% Center coverage: 201 sources

In a sign of how unusual this week's Federal Reserve meeting is, the decision it will make on interest rates — usually the main event — is just one of the key unknowns to be resolved when officials gather Tuesday and Wednesday. For now, it's not even clear who will be there. The meeting will likely include Lisa Cook, an embattled governor, unless an appeals court or the Supreme Court rules in favor of an effort by President Donald Trump to remov…See the Story

Retail sales up 0.6% in August from July even as tariffs hurt jobs and lead to price hikes — REUTERS / ixx511

US Economy · United States

Retail sales up 0.6% in August from July even as tariffs hurt jobs and lead to price hikes

54% Center coverage: 61 sources

WASHINGTON (AP) — Retail sales up a better than expected 0.6% in August from July even as tariffs start to impact jobs and hike prices.See the Story

Mortgage Rate Scenarios to Watch Following a Likely Fed Rate Cut

Jerome Powell · Roseville

Mortgage Rate Scenarios to Watch Following a Likely Fed Rate Cut

80% Center coverage: 20 sources

By Jeff Ostrowski, Bankrate.com Nearly everyone thinks the Federal Reserve will cut interest rates this week. That sentiment has translated to falling mortgage rates. Last week, the average 30-year fixed rate dropped to 6.38%, according to Bankrate’s national survey of lenders. Rates haven’t been this low in nearly a year. Related Articles Tariffs, bird flu and severe weather are pushing some everyday groceries to record prices …See the Story

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