News

Federal Reserve holding interest rates steady delays relief for consumers this summer
Recession worries are building once again, as some consumers fear the prospects of higher prices and continued high interest ...
Trump appointee at Fed doubts tariffs will fuel inflation and aligns himself with president’s vocal backing for interest-rate cuts
Are worries about inflation caused by President Donald Trump’s tariffs on imported goods overblown? Federal Reserve governor ...
Home sales sluggish in May as high mortgage rates sideline buyers
US existing home sales unexpectedly increased in May, but the trend remained weak amid high mortgage rates.
Fed's Bowman supports a rate cut 'as soon' as July, citing reduced inflation risks
Federal Reserve governor Michelle Bowman supports a rate cut 'as soon' as July, highlighting the growing division within the ...
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 ...
Iran Israel war, US nuclear strikes to push early Fed interest rate cut in July?
US Fed interest cut could happen soon even as Iran Israel war and the involvement of the USA has brought back focus on ...
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% ...
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Hot Summer Savings Move: Open a CD While Interest Rates Are High
If you think you'll need access to your money, a high-yield savings account could be a better fit. Most CDs impose a penalty ...