Interest Rates

Federal Reserve holds rates steady. Here's what that means for your money.

Federal Reserve officials said they are leaving their benchmark rate untouched, noting that progress...

us | 5 months ago

Labor Department set to release May jobs report. Here's what to look for.

The U.S. job market is starting to resemble what it looked like before the pandemic upended work and...

us | 4 months ago

What to look for in the U.S. government's June jobs report

A key government report on Friday is expected to show slowing, but steady, job growth in June, with ...

us | 3 months ago

Federal Reserve's Powell says "more good data" could open door to interest rate cuts

Federal Reserve Chair Jerome Powell said Tuesday that "more good data" could open the door to intere...

us | 3 months ago

Rents are finally cooling off, bolstering Fed's case for cutting interest rates

After years of soaring housing costs, renters may finally have something to celebrate. Economists sa...

us | 2 months ago

The Federal Reserve will make an interest rate decision this week. Here's what to expect.

This month marks the one-year anniversary of the Federal Reserve's most recent interest rate hike, w...

us | 2 months ago

The Fed holds interest rates steady. Here's when a rate cut could happen.

Although the Federal Reserve on Wednesday left its benchmark interest rate unchanged, as widely expe...

us | 2 months ago

Fed Chair Jerome Powell signals "time has come" for interest rate cuts

Federal Reserve Chair Jerome Powell said "the time has come" for the central bank to adjust its mone...

us | 1 month ago

Mortgage rates fall to their lowest since April 2023. Here's where rates could head next.

The Federal Reserve won't make its next rate decision until September 18, but homebuyers are already...

us | 1 month ago

The Fed is set to cut rates for the first time in 4 years. What does that mean for your money?

It's been a long and bumpy road to the Federal Reserve's first interest rate cut in more than four y...

us | 4 weeks ago

Owe money on your credit card? Here's how a Fed rate cut could impact your payments.

Thanks to the double-whammy of inflation and higher interest rates, Americans have amassed a $1.1 tr...

us | 4 weeks ago

Federal Reserve lowers interest rates by 0.50 percentage points in first cut since 2020

The Federal Reserve on Wednesday said it is cutting its benchmark interest rate by 0.50 percentage p...

us | 3 weeks ago

The Fed made its big cut on Wednesday. These products are already offering lower rates.

The Federal Reserve made a jumbo rate cut on Wednesday, as the central bank said it now wants to eas...

us | 3 weeks ago