“It’s a benign report,” Austan Goolsbee, president of the Federal Reserve Bank of Chicago and a voting member of the Fed's rate-setting committee, told USA TODAY on May 13. “That’s ...

Interest rates for credit cards to mortgages jumped since the Fed began fighting inflation in 2022. Here's where experts think rates are headed.

The Federal Reserve is again leaving its benchmark interest rate at 4.25% to 4.5%, citing rising economic uncertainty.

OPEC+ agreed to hike July oil output by 411,000 barrels per day (bpd) on Saturday, the same as in May and June, several ...

A Federal Reserve official says he’s encouraged by Tuesday’s better-than-expected inflation report but, all things equal, needs to see “a lot” more like it before he would seriously ...

Affirm leads BNPL with strong growth but faces risks from high leverage and an asset-heavy model, making its valuation ...

The Fed left its key interest rate unchanged again Wednesday and gave ... The Daily Money delivers the best consumer and financial news from USA TODAY Powell said the Federal Open Market Committee ...

Markets have been affected by the fact that Trump is not leaving his stance that tariffs are important, said Juan Perez, director of trading at Monex USA in ... chance of a Fed rate cut in June ...

Economists in a May 14-21 Reuters poll were unanimous the Trump administration's policies have hurt the economy, with over 55% saying "significantly hurt" ...

Avnish Jain, Head – Fixed Income, Canara Robeco MF, Killol Pandya, Head – Fixed Income, JM Financial MF, Marzban Irani, CIO – Fixed Income, LIC MF, Piyush Baranwal, Senior Fund Manager, WhiteOak ...

The Fed's Inflation Fight The Federal Reserve has been holding its interest rate at an elevated level since January, keeping borrowing costs relatively high in order to discourage borrowing and ...