The announcement came after a meeting of the central bank’s governing body
“The law clearly gives me a four-year term, and I intend to serve it,” says central bank head
The Fed announced its decision moments ago
Observers have seemed nearly certain that the Fed will hike rates later this month – but at least one Fed official is counseling patience
New home sales took an unexpected tumble last month, and experts say climbing mortgage rates are largely to blame
Fannie Mae raised its economic growth prediction for the year, but low inventory and affordability concerns are still taking their toll on housing
While the president had harsh words for Yellen during the campaign, sources say he will discuss the possibility of her staying on for another term in the Fed’s top spot
The average rate for the 30-year fixed mortgage posted its biggest increase since July