News

The latest data from the Bureau of Labor Statistics confirm that the Federal Reserve has made a lot of progress on inflation.
The Fed is expected to leave interest rates unchanged Wednesday, choosing caution as President Trump’s trade upheaval rattles ...
Interest rates for credit cards to mortgages jumped since the Fed began fighting inflation in 2022. Here's where experts ...
The Federal Reserve said Wednesday afternoon it won’t move interest rates, matching expectations from economists and ...
As widely expected, the Federal Reserve left it's key interest rate unchanged Wednesday, staying firmly in "wait and see" ...
The Federal Reserve is again leaving its benchmark interest rate at 4.25% to 4.5%, citing rising economic uncertainty.
Chicago Fed chief Austan Goolsbee called the April inflation report 'comforting' but said he needs to see several more as ...
Federal Reserve Chair Jerome Powell addresses the Economic Club of Chicago at a luncheon at the Hilton last month in Chicago. Powell shared his view of the current state of the U.S. economy, saying ...
When the Federal Reserve raises or lowers the federal funds ... When the prime rate changes, you might see a small increase or decrease in your variable interest rates. In most cases, however, you won ...
Fed officials opted Wednesday to hold interest rates steady as President Donald Trump’s tariffs unsettle the US economy.
Raising or lowering the federal funds rate -- the overnight interest rate between banks -- creates a domino effect. Credit card issuers often follow the Fed's lead, increasing or decreasing their APRs ...
Former Fed president Bill Dudley warned that the central bank risks mistiming interest rate cuts if the economy stumbles into ...