As war in the Middle East sent oil prices soaring, stoking inflation fears, traders pushed back expectations for the Fed’s next rate cut into next year. The moves suggest that the $31 trillion bond market is starting to weigh the potential risks to growt

Amid a menu of bad choices, the Fed's strongest move might be to sit and wait.

The vibes and substance from the Fed meeting will be the main question mark for Wednesday, even if the rate decision is clear (no action expected).

These are today's HELOC and HEL rates. The Federal Reserve is pausing interest rate cuts, so the prime rate will remain on hold as well. That means lenders likely won’t make major changes to the pricing of second mortgage products.

The Federal Reserve is expected to hold interest rates steady and may signal it will not cut rates at all this year as the Iran war complicates the central bank's inflation outlook.View on euronews

Iranian crude exports through the corridor accounts for nearly three-quarters of the 27.2 million barrels that have left the Persian Gulf since March 1, data from intelligence firm Kpler Ltd. show. Pre-war assessments of the risk of a Hormuz closure — al

A pipeline leak and fire at Libya’s Sharara field forced operators to reroute crude while exposing the country’s persistent oil security challenges.

U.S. stocks are sinking Wednesday after a discouraging report said inflation was primed to worsen, even before the war with Iran sent oil prices spiking. Stocks held onto their losses after the Federal Reserve decided to keep its main interest rate stead

BEIJING/SINGAPORE, March 18 (Reuters) - Oil prices eased on Wednesday to pare back some of Tuesday's sharp gains after the Iraqi government and Kurdish authorities reached ‌a deal to resume oil exports via Turkey's Ceyhan port, providing modest relief to

Just as inflation pressures were easing, a surge in energy prices driven by disruptions in the Middle East has forced central banks into a dilemma: rising inflation risks on one side, and slowing economic growth on the other.

Oil prices held above $100 per barrel on Monday as the Strait of Hormuz remains essentially closed off to through traffic.

As Federal Reserve officials gather for their two-day policy meeting this week, the oil shock from the Iran war could deepen divisions with the central bank over the path forward on interest rates.

In an economy that's hardly sustaining any payroll growth outside of the healthcare sector, and amid persistent fears of AI-induced layoffs, those with jobs are clinging to them for dear life.

Higher gas prices for longer could reverberate across the US consumer economy.

Data out Friday showed pricing pressures increasing as the GDP picture worsened. Given this is pre-Iran data, stagflation concerns are rising.