Interest rates for credit cards and some other loans will head down, now that the Fed has cut short-term interest rates for the first time in 2025.

US Federal Reserve chief Jerome Powell warned yesterday that slashing interest rates too quickly could allow inflation to ...

Allianz chief economic advisor Mohamed El-Erian unpacks the past and the future of the Federal Reserve on ‘Making Money.’ ...

Kate Wilkinson reports from Warwick, where the Fed Chair addressed the Greater Providence Chamber of Commerce on Tuesday.

While job market concerns are now competing more with high inflation in the minds of Fed officials, Powell said there was no ...

Savers will be getting less of a bang for their buck as the Fed drops interest rates. While financial institutions tend to be slow to lower the rates they charge borrowers, they’re quicker to drop the ...

As tariffs force up business costs, analysts are claiming that businesses will have to “absorb costs” to stay in business.

“Near-term risks to inflation are tilted to the upside and risks to employment to the downside — a challenging situation,” ...

If you want to get a sense of how President Donald Trump’s frequent forays into the private sector could evolve, keep an eye ...

The Federal Reserve’s benchmark rate isn’t directly tied to mortgage rates. It is tied to credit card, auto loans and other borrowing rates.

The Trump administration is training its deregulatory fire on a powerful but opaque area of financial policy: the secretive ...

In The Communist Manifesto, Marx’s fifth plank calls for the “centralization of credit in the hands of the state, by means of a national bank with state capital and an exclusive monopoly.” That’s a ...