News

The Federal Reserve is likely to resume lowering interest rates in September, but it won’t be an easy call for the central ...
Last month, the Fed left rates unchanged at 4.25%-4.50% for the fourth straight meeting and forecast two 25-basis-point rate ...
President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt.
Now, with the most recent CPI reading (for May 2025) coming in at an annualized rate of just 2.4%, the Fed has penciled in ...
The Fed has kept its benchmark interest rate at a 22-year high between 5.25 and 5.5% since July. Higher interest rates make it more expensive to buy a car, expand a business, or carry a ...
Recession worries are building once again, as some consumers fear the prospects of higher prices and continued high interest ...
Key Takeaways The Federal Reserve has held its key interest rate steady this year due to uncertainty about the economic ...
When the Federal Reserve hikes interest rates, the interest rate on your savings account usually follows in step. But recently, that logic hasn't held up.