The Fed’s short-term rates matter, but the main action now is in the 10-year Treasury market, which influences mortgages, ...
Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest ...
Voters elected Trump to find a way to curb the hotter inflation that occurred under President Joe Biden. But the president ...
The hearing before the Senate Banking Committee was relatively quiet absent a few back-and-forths on the economic effects of ...
The U.S. Federal Reserve is in no rush to cut its short-term interest rate again given an economy that is "strong overall," ...
The decision comes after the central bank trimmed rates three times starting in September 2024, which has pushed down the ...
Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the ...
The Fed faces complex decisions as it decides how quickly to cut rates or whether to raise them amid Trump's tariffs and ...
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...
Saving money can be a challenge in an economy with persistent inflation ... There's a big difference between national average savings rates and the top interest rates available.