U.S. Federal Reserve Chair Jerome Powell on Tuesday reiterated the U.S. central bank plans to "wait and learn more" about the impact of tariffs on inflation before lowering interest rates, again ...

The Federal Reserve said Wednesday it is holding its benchmark interest rate steady, marking a continuation of its "wait-and-see" approach as it assesses the impact of the Trump administration's ...

The Federal Reserve left its benchmark interest rate unchanged at a 4.25% to 4.5% range at its June meeting, making it the fourth consecutive meeting in which it held rates steady.

What is an interest rate? The interest rate attached to a mortgage is a reflection of the cost you’ll pay to finance the home. Let’s say you borrow a $340,000, 30-year fixed-rate mortgage with ...

The Federal Reserve held interest rates steady Wednesday between 4.25% and 4.5% – exactly as interest-rate traders' bets had predicted after the policy-making body's meeting in early May.

Stocks moved slightly higher as traders cheered the strong data, but dimmer rate-cut views kept a lid on more pronounced gains. Still, the S&P 500 managed to rise to a fresh intraday record of 6,271.

The Federal Reserve has left its key interest rate unchanged for its fourth-straight meeting. The upshot for consumers: The cost to borrow money — whether through credit cards, for auto loans or ...

The average rate on a 30-year fixed-rate mortgage was 6.84 percent as of June 12, down from 6.85 percent the previous week and 6.95 percent a year ago. Other home loans are more closely tethered ...

The bottom line While notable mortgage rate changes are unlikely this summer, other scenarios could still unfold. Trying to time the market perfectly is difficult and counterproductive, though.

What the rate hike means for you In general, an interest rate hike makes borrowing more expensive. So any purchase that requires a loan — for a home, car, or higher education — could be affected.