News

As Trump blasts Fed to lower rates, it’s the bond market in need of convincing
The bond market showed little appetite Friday for granting President Donald Trump’s wish for lower interest rates as two of ...
Fed Holds Interest Rates Steady After Trump Ripped Powell for Inaction
Fed policymakers left the central bank's overnight rate unchanged at a range of 4.25% to 4.5%, where it has remained since ...
Fed governor breaks ranks with Powell, signals rate cuts could begin next month
Governor Waller signaled potential interest rate cuts as early as July, despite the Fed's decision to hold rates steady over ...
Federal Reserve holds its benchmark interest rate steady at today's FOMC meeting
The Federal Reserve said Wednesday it will maintain the benchmark interest rate at its current range of 4.25% to 4.5% ...
Mortgage Interest Rates Today: Mortgage Ticks Down to Four-Week Low Ahead of Fed Meeting
The average rate on 30-year fixed home loans from Freddie Mac edged down again to 6.81% for the week ending June 18.
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The Fed's Interest Rate Decision Is Good News for Your Savings: Here's Why
This month, it decided to keep the benchmark rate at the same range of 4.25% to 4.50%. When interest rates are high, like ...
Trump slams 'stupid' Fed Chair Jerome Powell ahead of interest rate decision
President Donald Trump slammed Chairman Jerome Powell as "stupid" before the central bank's interest rate announcement on ...
The Fed held interest rates steady, but some credit card APRs keep going up. Here's why
Although the Federal Reserve hasn't moved its benchmark since December, the average card rate keeps edging higher.