Fed holds interest rates steady
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Futures markets took any realistic chance of a cut off the table until at least December.
Live updates on markets and the top finance, economics and business stories as the Federal Reserve meets in Washington. Jerome Powell is set to speak. Plus the latest on oil prices, the Dow, S&P 500 and Nasdaq.
U.S. stock futures were little changed Sunday, as investors anticipated another interest-rate cut by the Federal Reserve later this week. Dow Jones Industrial Average futures S&P 500 futures and Nasdaq-100 futures were trading about flat late Sunday.
Milton Friedman and others tried to explain interest rates using liquidity, economic activity, and inflation expectations. These things, however, only describe
Will recent declines in the mortgage interest rate climate continue this March? Here's what experts are expecting.