The Federal Reserve left its key interest rate unchanged despite persistently high inflation and a spike in energy prices caused by the Iran war.
Prospective homebuyers always keep a close eye on mortgage interest rates. Many people were relieved to see the rate dip below 6 percent.
Whether you're adjusting budgets to manage rising costs or boosting savings with high-yield accounts, navigating inflation remains challenging.
Trump said his pick to replace current Chairman Jerome Powell is an "outstanding person and a person that won't be too surprising to people."
The Federal Reserve held interest rates steady on Wednesday, as the central bank grapples with a combination of elevated inflation and sluggish hiring.
The Supreme Court seemed inclined to keep Federal Reserve governor Lisa Cook in her job, casting doubt on President Trump's bid to wrest control of the nation's central bank.