The US central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday.

The hearing before the Senate Banking Committee was relatively quiet absent a few back-and-forths on the economic effects of ...

WASHINGTON (Reuters) - Federal Reserve Chair Jerome Powell begins two days of hearings on Capitol Hill on Tuesday with the ...

The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job ...

Federal Reserve rate cuts likely won't make a huge difference for CD investors, and you may have better options. Find out why ...

U.S. Federal Reserve Chair Jerome Powell testifies before a Senate Banking, Housing and Urban Affairs Committee hearing on ...

Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...

These are today's mortgage and refinance rates. Mortgage rates have held steady so far this month, and it's unclear if they'll drop much this year.

Bond yields shot up on Friday as markets took in the January jobs report. While the nonfarm payroll report showed employers added fewer jobs than expected last month, traders dialed up bets that ...

Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got nothing to do with the Federal Reserve. Bessent, in two interviews this ...

The Trump administration isn't looking to clash with the Federal Reserve over interest rates, Treasury Secretary Scott Bessent told said. Instead, the focus of the White House is on lowering ...