Credit card interest rates remain high, in part, because the Fed's benchmark rate still stands at a historically high level, ...
Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central bank is in no hurry to cut ...
"The strength we are currently seeing in the economy gives us the ability to approach our decisions carefully," Powell said.
"The economy is not sending any signals that we need to be in a hurry to lower rates," Powell said Thursday in Dallas.
At least for now. Trump, who appointed Powell as Fed chair, weighed firing him in a disagreement over interest rates in 2018.
Several Federal Reserve officials Wednesday reiterated their deep uncertainty over how far the central bank will need to ...
Last week, the US central bank opted to lower its benchmark policy rate by a quarter-point to a new target range of 4.25-4.75 ...
Many economists still expect another quarter-point cut ahead in December. But expect more debate on the Fed's path in 2025.
The mortgage interest rates of 2020 and 2021 may never reappear but, if they do, it will be a gradual process to get them ...
This means, 10-year fixed private student loans interest rates dropped by 0.14 percentage points and remained stable for ...
The median interest rate on a 30-year fixed-rate mortgage is 6.88% as of November 8, which is 0.11 percentage points lower ...
While Trump has sought to pressure the Fed to cut rates, consumer rates on mortgages and other loans are determined by a ...