Inflation has fallen significantly from a peak of 9.1% but it remains more than a percentage point higher than the Fed's ...

The FOMC said that 'in recent months, there has been a lack of further progress' on lowering inflation to the Fed's 2% goal.

The best savings account and CD rates are still at or near 20-year highs. But where will they head from here? Here's what we ...

The Federal Reserve is meeting again from April 30 to May 1, 2024, and consumers are looking to see if interest rates will be lowered. At its March 2024 gathering the Fed decided to keep the ...

While the Federal Reserve doesn’t directly set mortgage rates, it influences them by making changes to the federal funds rate ...

Persistent inflation should keep the Fed cautious over the near term ... the bonds posted their best monthly returns since 2008 as economic data suggested the Fed may be done hiking rates. Last month, ...

As recently as last week, Powell, appearing at an event at Stanford University, said the Fed broadly expects inflation to decline by enough to keep ... finished hiking interest rates, according ...

The Mexican Peso recovered some ground against the US Dollar on Wednesday as traders braced for a busy economic docket in the ...

The Bank of Canada is getting closer to cutting interest rates as inflation shows signs of coming down and staying down, the ...

The British pound slipped against the dollar, having risen the day before after the Federal Reserve's policy meeting, while ...

The latest Global FX and Rate Outlook from UOB Global Economics and Markets Research dated May 3 expects the USD to weaken ...