Four meetings and six months have elapsed since the Fed last adjusted interest rates. The federal funds rate stands between 4.25% and 4.5%, preserving much of a sharp increase imp ...

The Fed’s decision to hold rates steady still has far-reaching implications for almost all forms of borrowing as well as the returns on most savings accounts.

Officials are waiting to see if businesses manage higher costs from tariffs by trimming profits or pushing up prices.

Policymakers signaled borrowing costs are still likely to fall in 2025, but Federal Reserve Chair Jerome Powell cautioned ...

The Reserve Bank has stunned financial markets and economists by holding official interest rates steady at 3.85 per cent ...

Unexpectedly solid job gains in June bolstered the case for the Federal Reserve to keep interest rates on hold to keep ...

Mortgage rates moved down this week, with the 30-year fixed rate averaging 6.79 percent, compared to 6.86 percent the ...

At least three Federal Reserve policymakers spoke out this week in favor of holding interest rates steady for the time being, in contrast to two who said they were open to the idea of cutting the fed ...

President Donald Trump once again took aim at Federal Reserve Chair Jerome Powell, sending a handwritten note urging a sharp cut in U.S. interest rates to “1% or better,” and lamenting that the Fed ...

Federal Reserve Chair Jerome Powell, who is testifying before Congress this week, said tariffs are "likely to push up prices.

As long as the economy is in solid shape, we think the prudent thing to do is to wait and see what those effects might be." ...

Average mortgage rates were flat in June, according to Freddie Mac. The average 30-year fixed-rate mortgage held at 6.82%, ...