The Federal Reserve raised interest rates at the fastest pace in 40 years during 2022 and 2023 in an effort to rein in ...

The Federal Reserve could start raising the cost to borrow money as early as June if historical averages are any guide, Torsten Slok, chief economist at investment firm Apollo Global Management, said ...

Weak lending presents potential for future economic growth if interest rates are lowered. Read why I am more bearish about ...

The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to ...

Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest rate cutting campaign.

Headline PCE ticked higher from an annual rate of 2.4% in November to 2.6% last month, while core PCE has been at 2.8% for three consecutive months. FEDERAL RESERVE HOLDS INTEREST RATES STEADY ...

An icon in the shape of a lightning bolt. Impact Link After cutting rates by 100 basis points last year, the Federal Reserve decided to hold rates steady at its first meeting of 2025. This means ...

Yields on competitive CDs increased to historic highs in recent years, thanks to the Federal Reserve raising ... Here’s a look at the historical ups and downs of CD rates and some background ...