The Fed has lowered its benchmark interest rate twice this year, with its most recent rate cut in November. While rate cuts ...

Thinking about taking out a mortgage loan? Current mortgage rates fall to 6.88% for 30-year terms, while 15-year terms ...

Credit card interest rates remain high, in part, because the Fed's benchmark rate still stands at a historically high level, ...

The Fed has two main objectives: maintain maximum employment and contain inflation. Although one single data point is never ...

"The strength we are currently seeing in the economy gives us the ability to approach our decisions carefully," Powell said.

Experts have been saying that mortgage rates will go down in 2025, but if inflation rises under Trump, we could actually see ...

"The economy is not sending any signals that we need to be in a hurry to lower rates," Powell said Thursday in Dallas.

Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central bank is in no hurry to cut ...

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 ...

The European Central Bank should cut interest rates further to support a nascent economic recovery in the euro zone, also in ...

Many economists still expect another quarter-point cut ahead in December. But expect more debate on the Fed's path in 2025.

Mortgage rates aren’t directly tied to the federal funds rate like savings and CDs. Instead, they’re tied to the 10-year ...