When inflation reached 9.1% in June 2022, the Federal Reserve aggressively raised interest rates to curb inflation.

Officials try to find a path to a “normal” rate under the second Trump presidency.

A City Council rebellion not seen in decades ultimately forced Mayor Brandon Johnson to honor his campaign promise to hold ...

The dollar held firm and near recent peaks on Tuesday, on the eve of an expected interest rate cut in the United States, as ...

The S&P 500 snapped a three-week streak of gains last week and the Dow also fell, while the Nasdaq managed a fourth straight ...

It's a good bet that the Federal Reserve will cut interest rates not only at this week's meeting but in 2025 as well. That's because current rates are significantly contractionary, according to ...

While some analysts see a pause in the Fed's rate cutting cycle, Apollo's chief economist thinks the Fed could shock markets ...

The Federal Reserve will announce a rate decision on Wednesday, Dec. 18. Economists are now expecting fewer cuts in 2025.

Some banks have no monthly fees or initial deposit minimums, which can further entice one to use a high-yield savings account ...

On December 5, 2024, the Department of Justice (DOJ) and the Consumer Financial Protection Bureau (CFPB) issued a joint ...

To be sure, the central bank has emphasized that it will adjust its rate decisions based on incoming economic data. Evidence ...