Traders and economists see increased chances of cuts ahead but Federal Reserve Chair Jerome Powell said central bankers will ...

Tariffs set to take effect this week risk stoking even higher inflation and slower growth than expected, complicating the ...

The Fed releases a report called the Summary of Economic Projections (SEP) four times per year, which tells the public where ...

The average rate on a 30-year mortgage in the U.S. fell slightly this week, a welcome reversal for homebuyers in what is ...

On a historical side-note this prompted ... The positive UK-US carry trade (due to low interest rates imposed by the Federal Reserve in mid-70s) also supported a stronger Pound.

The national average savings account interest rate is 0.41% as of April 1, 2025, according to the latest numbers available from the FDIC. You can earn exponentially more than that by opening a ...

Mortgage rates are influenced by factors including bond market investors’ expectations for future inflation, global demand for U.S. Treasurys and the Federal Reserve’s interest rate policy ...

For the full details, see our US Economic Outlook ... Even with recent cuts, interest rates are still high relative to recent history. This is the case compared not only with the 2020-21 lows ...

Powell spoke just minutes after Trump posted on social media, urging him to cut interest rates immediately and accusing him of playing politics in his role running the independent US central bank.

There's a big difference between national average savings rates and the top interest rates available. In part, that's because different types of banks often have very different rates. By contrast ...