Fed Chair Jerome Powell says he will serve full term despite tensions with President Trump
Federal Reserve Chair Jerome Powell said he will serve his full term, despite tensions with President Trump.
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Federal Reserve Chair Jerome Powell said he will serve his full term, despite tensions with President Trump.
The 30-year fixed-rate mortgage averaged 5.27% in the week ending May 5, up from 5.10% the week before. It is the highest since 2009 and well above the 2.96% average from this time last year.
With so much uncertainty in the world, economic recovery will be a long, slow process.
President Trump nominated Federal Reserve Governor Jerome Powell on Thursday to lead the world's most influential central bank.
