News

The Bureau of Labor Statistics on Tuesday released June inflation data, showing prices increased from the prior month. Hours later, President Trump called on the Fed to lower rates.
The Federal Reserve held interest rates steady Wednesday between 4.25% and 4.5% – exactly as interest-rate traders' bets had predicted a month ago. The traders' bets are now predicting there's ...
The Federal Reserve reduced interest rates by a quarter percentage point Wednesday and scaled back the number of cuts it expects to make next year. In a split vote, the central bank voted to ...
Rep. Alexandria Ocasio-Cortez introduced a bill that would cap credit card interest rates at 10%. The average annual percentage rate on credit balances has jumped to 21% in 2024 from 12% in 2003.
The U.S. Federal Reserve should cut interest rates by a full percentage point, President Donald Trump said on Friday as he reiterated his view that Fed Chair Jerome Powell has been too slow to ...
The U.S. Federal Reserve should cut interest rates by a full percentage point, President Donald Trump said on Friday as he reiterated his view that Fed Chair Jerome Powell has been too slow to ...
And if you look at this chart, this is a chart of all of the interest rates of many countries throughout the world. At the top is Switzerland. They're only paying 0.25% for interest rates.
The chart, which relies on 30-year fixed-rate mortgage data from Freddie Mac's Primary Mortgage Market Survey, shows mortgage rates now are twice the average rate that buyers paid when former ...
The Fed responded by raising interest rates 11 times in an attempt to cool the stubborn inflation. While inflation did come down from its 2022 peak in 2023, it remained above the Fed's 2% target ...
History shows the only place for interest rates to go from here is higher — according to veteran technical analyst Louise Yamada. Looking at a chart of U.S. interest rates over the last two ...
A chart from the Federal Reserve shows interest rates near 0 percent during the COVID-19 pandemic and associated lockdowns. The federal interest rate passed 3 percent on October 1, 2022, and has ...