JPMorgan CEO Jamie Dimon said that accurate economic forecasts are a challenge because key shifts are apparent only in hindsight, citing tariffs and trade uncertainty, worsening geopolitical ...

The Federal Reserve took a wait-and-see approach to an uncertain US economy Wednesday, opting to leave interest rates unchanged at the close of its March meeting.. That decision leaves the ...

Experts say average 30-year fixed mortgage rates are likely to stay above 6.5% in the coming months, with a potential for small and temporary dips, not substantial drops. Prospective homebuyers are ...

Observing these oscillating forecasts, a bystander might conclude that nobody knows anything about the future direction of interest rates. And that’s how it is. Skip to main content.

“The Fed’s and the market’s forecasts about the future path of the Fed funds rate are almost always wrong,” he wrote. However, the dot plot may be doing exactly what it was designed to do.

After more than two years of steady declines, rates for 30-year fixed-rate mortgage loans reached a record low of 2.7% at the end of 2020, according to data from Freddie Mac. By the week ending ...

The Federal Reserve raised interest rates dramatically in 2022 and 2023, then eased them in late 2024, sparking significant swings in borrowing rates on homes and cars and savings rates at banks.