News

CD rates are a product of their economic times, and we're currently in a rosy period. At other times in history, CD rates ...
Entering 2020, the 30-year fixed-rate mortgage was already below 4 percent. Then the COVID-19 pandemic brought it to a record ...
The Federal Reserve Act says that governors, appointed by the president but confirmed by the Senate, can only be fired for ...
CD rates move in tandem with the federal funds rate, the benchmark interest rate set by the Federal Reserve. Yields on CDs rose above 10% in the early 1980s when the Fed set interest rates well ...
President Trump's criticism of Fed's Powell was just the latest in a flurry of attacks on the Fed chief going over interest ...
After hitting a peak of 7.04% in January 2025, mortgage rates have retreated, but the decline has been sluggish, as rates ...
The economic stakes of Federal Reserve independence are immense, Ross Levine and Amit Seru write in a guest commentary.
Donald Trump is damaging the economy by pressuring Federal Reserve Chairman Jerome Powell to cut interest rates or resign.
President Donald Trump and Federal Reserve Chair Jerome Powell have something of a checkered history, particularly recently, ...
The senator said an independent Fed is crucial for the US and global economic stability.