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ANNAPOLIS, Md. — A proposed distribution rate by the Potomac Electric Power Company would increase consumers’ rates by 23 percent, according to a consumer advocacy group. The Office of People’s ...

The FOMC cut the federal funds rate by a quarter-point, but that's unlikely to cause 30-year mortgage rates to fall by the same amount. The December rate cut might be advantageous for builders and ...

The best way to fix Americans’ cost-of-living problem is to give workers bigger raises, Federal Reserve Chair Jerome Powell said last week. The problem: That solution looks broken, too. The US job ...

The Wall Street Journal’s Kate Linebaugh, Damian Paletta and Aaron Kuriloff took subscriber questions after the Fed made its decision on interest rates. Photo: Caroline Brehman & Tom William/ZUMA ...

The average 30-year fixed mortgage rate fell to 6.37% this week, down six basis points from 6.43% the week before, according to U.S. News data. Mortgage refinance rates also pulled back this week, ...

If you're a borrower who thought the holiday season would cause a lull in the mortgage rate climate, think again. Not only have mortgage interest rates been gradually but noticeably declining all year ...

TOKYO, Dec 16 (Reuters) - The Bank of Japan is set to raise interest rates on Friday to a three-decade high and pledge to keep hiking borrowing costs, closing the year with two rate hikes despite ...

NEW YORK, Dec 10 (Reuters) - The Federal Reserve cut interest rates on Wednesday in another divided vote, but signaled it will likely pause further reductions in borrowing costs as officials look for ...

The Federal Reserve will make its final interest rate decision of 2025 on Wednesday, setting up a pivotal year for both the U.S. economy and the central bank as President Trump prepares to install a ...

WASHINGTON ‒ With consumers focused on affordability heading into the holiday season, Federal Reserve Chair Jerome Powell said he hears Americans’ concerns over high costs “loud and clear.” Still, it ...