News

The Fed left its benchmark interest rate unchanged following its July policy meeting amid uncertainty over the impact of ...
The average rate on 30-year fixed home loans registered 6.63% for the week ending Aug. 14, down from 6.58% last week.
Bond traders’ big bet that the Federal Reserve is poised to lower interest rates faces a key moment this week as Chair Jerome ...
Is the timing between your CD account maturity date and a rate cut set to collide? Consider taking these steps now.
Federal Reserve policymakers didn’t rock the boat on Wednesday, opting yet again to keep interest rates steady as they wait for more clarity on the state of the U.S. economy. At the conclusion of a ...
Futures markets are also expecting a rate cut. Investors peg the chances of a quarter-point interest rate cut at nearly 96%, ...
Federal Reserve officials are going to decide on slashing its short-term interest rate this week. President Donald Trump is pushing the Fed to cut rates based on the economy’s performance.
The Federal Funds Rate is the price the Fed charges U.S. banks to borrow money overnight. This sets short-term benchmark interest rat ...
Growth, inflation, and jobs data don’t signal rates cuts. Yet the odds of a quarter-point September cut are at just under 100 ...
Maximum employment and price stability are the twin priorities — officially called the dual mandate — of the Federal Reserve. These goals require a delicate balance because higher interest rates lower ...
Chicago Federal Reserve President Austan Goolsbee visited Mel-O-Cream Donuts in Illinois to assess the economic impact of the ...
Fed cuts would immediately make borrowing cheaper on credit cards and auto loans, since those products are based on the short ...