A $690 billion reserve still covers 10 to 11 months of imports, which well above the three-month minimum that economists ...

Current 12-month inflation at 3.8%, just above the Fed's 2% target. Core inflation, minus food and energy, increased to 2.6% from last year. Energy inflation spiked 17.9%, driven by the Iran conflict.

Mortgage rates are expected to decline marginally throughout the rest of 2025, but 30-year fixed rates aren't likely to dip below 6% until the end of 2026. However, the mortgage rates forecast changes ...