In a move that many Americans have been anticipating over the last couple months, on Wednesday the Federal Reserve raised interest rates for ... Here's how the Fed's rate hike affects specifically ...

Interest rates affect how much it costs to borrow money, including how much you pay in interest for credit card debt. While the Fed's decision may not change your credit card interest rate anytime ...

If you’re hoping a first-quarter contraction of the nation’s economy will spur the Federal ... sentiment also fell dramatically when the Fed hiked interest rates sharply in 2022 and 2023.

During the Nixon administration, Zandi noted, then-Fed Chair Arthur Burns agreed to President Richard Nixon’s request not to raise interest rates in the lead-up to the 1972 presidential election ...

The next Fed meeting to discuss interest rates isn't until May. Trump looks forward to Powell's "termination" after Fed chairman warns of inflation as price changes occur due to tariffs.

In fact, economists say, Trump's ongoing attacks on Fed Chair Jerome Powell and his tariff policies could keep the longer-term interest rates that matter for consumers and businesses higher than ...

President Donald Trump’s on-again, off-again tariffs have been roiling markets and raising recession fears. But Federal Reserve Chair Jerome Powell on Wednesday stuck to his slow and steady ...

In his post, Trump compared Powell’s decision to that of the European Central Bank, which cut interest rates by 25 basis points on Thursday. As a Fed chair in a time of great economic ...