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Federal Reserve · United StatesPresident Donald Trump on Friday named Kevin Warsh to succeed Jerome Powell as Federal Reserve chair, ending a five-month odyssey that has seen unprecedented turmoil around the central bank.See the Story
Trump nominates Kevin Warsh for Federal Reserve chair to succeed Jerome Powell
46% Center coverage: 383 sources

Federal Reserve · United StatesThe Federal Reserve on Wednesday voted to take a break from a recent run of interest rate cuts, as the central bank navigates questions about its independence and awaits a new leader.See the Story
Fed keeps interest rates steady after three consecutive rate cuts
64% Center coverage: 247 sources

US Economy · United StatesThe average long-term U.S. mortgage rate barely budged this week, staying close to 6% as the spring home-buying season nears.The benchmark 30-year fixed rate mortgage rate edged up to 6.11%, essentially flat compared to last week when it was 6.1%, mortgage buyer Freddie Mac said Thursday. One year ago, the rate averaged 6.89%.This is the latest increase since the average rate eased three weeks ago to 6.06%, its lowest level in more than three ye…See the Story
Average US long-term mortgage rate barely budges, holding near 6%
78% Center coverage: 28 sources